322 Line of Fire WAY, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $301,535. For a well positioned listing in SONTERRA, I'd target the $317,000 to $319,000 range. In the current SONTERRA market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. This home's larger footprint (109 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. 5 similar homes are currently available in SONTERRA, creating a buyer's market for this price range. Recent trends in SONTERRA show home values have risen 7.9% since 6 months ago. The most comparable recent sale is 368 Enforcer LOOP, Jarrell TX 76537, with an adjusted value of $283,720; a strong comparable. 7 comparable transactions in SONTERRA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group