533 Peony CT, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $190,111. For a well positioned listing in SONTERRA WEST, I'd target the $225,000 to $235,000 range. With 7 comparable homes on the market in SONTERRA WEST, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.14 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 121 Rainey DR, Jarrell TX 76537, with an adjusted value of $179,696; a strong comparable. 7 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