5001 County Road 239, Jarrell TX 76537

The market data from 7 similar recent sales in 76537 points to a value of approximately $227,148. To sell within a reasonable timeframe at fair market value, the $169,000 to $179,000 range is where I'd position this. Against 7 similar active listings in 76537, this price point lands at the most expensive of 7 comparable homes on the market. The 1998 construction puts this home 21 years older than the comp average, a factor in the pricing. At 4.79 acres, the lot is larger than the 0.84 acre comp average, which factors into pricing. With 7 similar homes currently listed in 76537 (a buyer's market), competition is a factor to consider. In 76537, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 30040 Live Oak TRL, Georgetown TX 78633, adjusting to $431,604; a strong comparable. 7 comparable transactions in 76537 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group