316 Moonstone, Jarrell TX 76537

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $230,106. Pricing this home between $191,000 and $201,000 would put it in the competitive sweet spot for SONTERRA. This home's position in the current SONTERRA market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 9 years older than typical comps, the 2007 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 4 comparable homes in SONTERRA; a buyer's market based on recent absorption. Market data shows SONTERRA prices risen 7.9% over the last half year. The closest comparable sale, 148 Hondo Gap LN, Jarrell TX 76537 at an adjusted $237,763, is a strong comparable. The comp data here (3 sales in SONTERRA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus