516 Peony CT, Jarrell TX 76537

After reviewing 7 recent transactions in SONTERRA WEST, I estimate this property's value at $238,649. A competitive list price for this home right now would fall in the $251,000 to $261,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in SONTERRA WEST's current inventory. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 7 comparable homes in SONTERRA WEST; a buyer's market based on recent absorption. Prices in SONTERRA WEST have fallen 2.7% over the last 6 months. A similar home at 245 Rainey DR, Jarrell TX 76537 carries an adjusted comparable value of $219,647, providing a strong data point. The comp data here (7 sales in SONTERRA WEST) 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