225 Jake DR, Jarrell TX 76537

The market data from 4 similar recent sales in HOME PLACE JARRELL points to a value of approximately $343,575. To sell within a reasonable timeframe at fair market value, the $279,000 to $289,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in HOME PLACE JARRELL. At 0.22 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. With 4 similar homes currently listed in HOME PLACE JARRELL (a buyer's market), competition is a factor to consider. In 76537, home values have fallen approximately 3.6% over the past 6 months. One of the strongest data points is 213 Western Sky TRL, Jarrell TX 76537, adjusting to $382,594; a strong comparable. The 4 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