428 Cobblestone, Jarrell TX 76537

The market data from 7 similar recent sales in SONTERRA WEST points to a value of approximately $197,555. To sell within a reasonable timeframe at fair market value, the $227,000 to $232,000 range is where I'd position this. In the current SONTERRA WEST market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 2008 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.13 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 fallen approximately 1.5% over the past 6 months. One of the strongest data points is 237 Moonstone DR, Jarrell TX 76537, adjusting to $195,599; a strong comparable. 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