416 Cobblestone DR, Jarrell TX 76537

The market data from 7 similar recent sales in 76537 points to a value of approximately $236,864. To sell within a reasonable timeframe at fair market value, the $254,000 to $260,000 range is where I'd position this. With 4 comparable homes on the market in 76537, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. With 4 similar homes currently listed in 76537 (a buyer's market), competition is a factor to consider. In 76537, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 243 Engineers PASS, Jarrell TX 76537, adjusting to $122,141; with a larger floor plan. 7 comparable transactions in 76537 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