201 Ruby LN, Jarrell TX 76537

My analysis of 7 comparable properties puts this home's estimated value at $220,205. Based on how the local market is moving, a list price between $232,000 and $233,000 would position this home well. Relative to what's currently available in SONTERRA, this home would be the 3rd least expensive of 6 comparable homes on the market. At 6 years older than typical comps, the 2014 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. Right now, 6 similar properties are competing for buyers in SONTERRA, listed between $210,000 and $255,000. The 6 month price trend in SONTERRA: risen 7.9%. The best comp here is 609 Ibis Falls LOOP, Jarrell TX 76537 at an adjusted value of $232,524, a strong comparable. With 7 comparable sales in SONTERRA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group