508 Peony LN, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $251,883. For a well positioned listing in SONTERRA WEST, I'd target the $285,000 to $286,000 range. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in SONTERRA WEST. Being 194 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. 7 similar homes are currently available in SONTERRA WEST, creating a buyer's market for this price range. Recent trends in SONTERRA WEST show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 113 Kildeer PASS, Jarrell TX 76537, with an adjusted value of $251,466; with a smaller floor plan. The 5 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