317 Biles LN, Jarrell TX 76537

My analysis of 7 comparable properties puts this home's estimated value at $293,842. Based on how the local market is moving, a list price between $285,000 and $303,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in SONTERRA's current inventory. At 141 sqft larger than the typical comp, the size difference factors into the valuation. At 10 years older than typical comps, the 2014 build date influences the valuation. With 7 similar homes currently listed in SONTERRA (a buyer's market), competition is a factor to consider. The 6 month price trend in SONTERRA: risen 7.9%. The best comp here is 1109 Ibis Falls LOOP, Jarrell TX 76537 at an adjusted value of $279,906, a strong comparable. 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