485 Little RD, Jarrell TX 76537

The estimated value of this property is $263,356, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $258,000 and $269,000. With 7 comparable homes on the market in 76537, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 2012, this home is 10 years older than the average comp, which is reflected in the adjustments. The 13.43 acre lot (larger than the 0.13 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 76537; a buyer's market based on recent absorption. Recent trends in 76537 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 457 Bedford Falls LN, Jarrell TX 76537, with an adjusted value of $271,197; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group