500 Cleary LN, Jarrell TX 76537

After reviewing 3 recent transactions in SONTERRA WEST, I estimate this property's value at $276,150. A competitive list price for this home right now would fall in the $312,000 to $315,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in SONTERRA WEST's current inventory. Being 172 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. There are currently 7 similar homes on the market in SONTERRA WEST, ranging from $270,000 to $340,000. Prices in SONTERRA WEST have fallen 2.7% over the last 6 months. A similar home at 128 Flower Smith LN, Jarrell TX 76537 carries an adjusted comparable value of $264,045, providing a strong data point. With 3 comparable sales in SONTERRA WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group