504 Amber LN, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $187,220. For a well positioned listing in SONTERRA WEST, I'd target the $198,000 to $202,000 range. In the current SONTERRA WEST market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 2012 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SONTERRA WEST; a buyer's market based on recent absorption. Recent trends in SONTERRA WEST show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 325 Moonstone DR, Jarrell TX 76537, with an adjusted value of $197,956; a strong comparable. 6 comparable transactions in SONTERRA WEST 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