217 Lucky Texan RD, Jarrell TX 76537

The market data from 6 similar recent sales in SONTERRA points to a value of approximately $234,465. To sell within a reasonable timeframe at fair market value, the $230,000 to $239,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in SONTERRA. Current inventory shows 7 comparable homes in SONTERRA; a buyer's market based on recent absorption. In SONTERRA, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 505 Yellow Ribbon TRL, Jarrell TX 76537, adjusting to $286,294; with a smaller floor plan. 6 comparable transactions in SONTERRA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group