281 Koontz LOOP, Jarrell TX 76537

After reviewing 7 recent transactions in SONTERRA, I estimate this property's value at $214,696. A competitive list price for this home right now would fall in the $226,000 to $238,000 range. This home's position in the current SONTERRA market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. Buyers in SONTERRA have 7 comparable options right now, with asking prices between $210,000 and $278,900. Prices in SONTERRA have risen 7.9% over the last 6 months. A similar home at 608 Cleary LN, Jarrell TX 76537 carries an adjusted comparable value of $221,663, providing a strong data point. With 7 comparable sales in SONTERRA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group