1830 E Fm 487, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $307,960. For a well positioned listing in 76537, I'd target the $197,000 to $207,000 range. Against 7 similar active listings in 76537, this price point lands at the most expensive of 7 comparable homes on the market. The 2001 construction puts this home 7 years older than the comp average, a factor in the pricing. At 6.00 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. With 7 similar homes currently listed in 76537 (a buyer's market), competition is a factor to consider. Recent trends in 76537 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 131 Meadow Valley LOOP, Jarrell TX 76537, with an adjusted value of $395,982; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group