263 Circle WAY, Jarrell TX 76537

The estimated value of this property is $248,524, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $279,000 and $298,000. With 7 comparable homes on the market in SONTERRA, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 2016, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.14 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in SONTERRA, listed between $215,000 and $325,000. Recent trends in SONTERRA show home values have risen 7.9% since 6 months ago. The most comparable recent sale is 561 Greatest Gift WAY, Jarrell TX 76537, with an adjusted value of $230,339; a strong comparable. 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