23045 Hill RD, Jarrell TX 76537

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $397,338. To generate strong buyer interest while maximizing value, I'd price this between $188,000 and $198,000. Against 7 similar active listings in 76537, this price point lands at the most expensive of 7 comparable homes on the market. At 837 sqft smaller than the typical comp, the size difference factors into the valuation. At 8.10 acres, the lot is larger than the 0.85 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. The trend in 76537 shows prices have fallen 2.6% in the past 6 months. 1338 Wheatgrass RD, Salado TX 76571 nearby adjusts to $246,846; with a larger floor plan. 3 comparable transactions in 76537 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