305 Cosmos LN, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $245,610. For a well positioned listing in SONTERRA, I'd target the $273,000 to $276,000 range. In the current SONTERRA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SONTERRA; a buyer's market based on recent absorption. Recent trends in SONTERRA show home values have risen 7.9% since 6 months ago. The most comparable recent sale is 116 Outlaw DR, Jarrell TX 76537, with an adjusted value of $275,996; a strong comparable. The 7 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