611 N 5th ST, Jarrell TX 76537

The estimated value of this property is $245,397, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $296,000 and $305,000. Against 7 similar active listings in JARRELL TOWN, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 1930, this home is 85 years older than the average comp, which is reflected in the adjustments. The 0.33 acre lot (larger than the 0.20 acre average) is reflected in the estimate. With 7 similar homes currently listed in JARRELL TOWN (a buyer's market), competition is a factor to consider. Recent trends in 76537 show home values have fallen 3.7% since 6 months ago. The most comparable recent sale is 125 Athena WAY, Jarrell TX 76537, with an adjusted value of $219,036; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group