249 Geode LN, Jarrell TX 76537

The estimated value of this property is $305,501, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $323,000 and $324,000. With 7 comparable homes on the market in SONTERRA WEST, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (504 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2014, this home is 7 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SONTERRA WEST (a buyer's market), competition is a factor to consider. Recent trends in SONTERRA WEST show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 109 Morning Quail DR, Jarrell TX 76537, with an adjusted value of $285,511; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group