407 Cobblestone DR, Jarrell TX 76537

The market data from 4 similar recent sales in SONTERRA WEST points to a value of approximately $282,195. To sell within a reasonable timeframe at fair market value, the $228,000 to $238,000 range is where I'd position this. With 7 comparable homes on the market in SONTERRA WEST, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 212 sqft larger than the typical comp, the size difference factors into the valuation. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SONTERRA WEST; a buyer's market based on recent absorption. In SONTERRA WEST, home values have risen approximately 1.6% over the past 6 months. One of the strongest data points is 113 Hawkins LN, Jarrell TX 76537, adjusting to $287,918; a strong comparable. 4 comparable transactions in SONTERRA WEST 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