549 Peony LN, Jarrell TX 76537

The estimated value of this property is $237,939, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $251,000 and $261,000. Against 7 similar active listings in SONTERRA WEST, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. Current inventory shows 7 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 245 Rainey DR, Jarrell TX 76537, with an adjusted value of $218,915; a strong comparable. Based on 7 relevant data points in SONTERRA WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX