402 3rd ST, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $211,838. For a well positioned listing in JARRELL TOWN, I'd target the $205,000 to $218,000 range. Against 7 similar active listings in JARRELL TOWN, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. The 1997 construction puts this home 17 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in JARRELL TOWN (a buyer's market), competition is a factor to consider. Recent trends in 76537 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 412 N 8th ST, Jarrell TX 76537, with an adjusted value of $246,783; with a larger floor plan and a pool. 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