511 N 1st ST, Jarrell TX 76537

My analysis of 7 comparable properties puts this home's estimated value at $190,926. Based on how the local market is moving, a list price between $203,000 and $205,000 would position this home well. Relative to what's currently available in 76537, this home would be the most affordable of 6 comparable homes on the market. At 30 years older than typical comps, the 1983 build date influences the valuation. The larger lot (0.72 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 6 comparable homes in 76537; a buyer's market based on recent absorption. The 6 month price trend in 76537: fallen 2.6%. The best comp here is 101 Engineers Pass, Jarrell TX 76537 at an adjusted value of $191,946, a strong comparable. The comp data here (7 sales in 76537) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus