500 Peony CT, Jarrell TX 76537

The market data from 7 similar recent sales in SONTERRA WEST points to a value of approximately $254,402. To sell within a reasonable timeframe at fair market value, the $247,000 to $262,000 range is where I'd position this. In the current SONTERRA WEST market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 6 similar homes currently listed in SONTERRA WEST (a buyer's market), competition is a factor to consider. In SONTERRA WEST, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 113 Kildeer PASS, Jarrell TX 76537, adjusting to $245,006; 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