485 Little RD, Jarrell TX 76537

The estimated value of this property is $303,843, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $247,000 and $257,000. With 7 comparable homes on the market in 76537, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 2012, this home is 5 years older than the average comp, which is reflected in the adjustments. The 13.43 acre lot (larger than the 0.27 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 3% since 6 months ago. The most comparable recent sale is 144 Drifter LN, Jarrell TX 76537, with an adjusted value of $156,662; 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