401 E Luna Blue LN, Jarrell TX 76537

This home was listed at $615,900 and was on the market for 33 days before expiring. Based on comparable sales, the market data suggests a value closer to $413,024. Here are some factors that may have played a role: At $292/sqft, the asking price appears to have been significantly above the neighborhood average of $183/sqft. That gap that can deter buyer interest. At the time, there appear to have been 10 similar homes available at lower price points, which may have given buyers other options. At $292/sqft, the asking price was 60% above the area median, though there may have been upgrades or features not captured in the data. At 185 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.25 acres versus the area average of 0.18) contributes to the valuation. The comp data here (4 sales in COLSON RANCH) 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