617 IBIS FALLS LOOP, Jarrell TX 76537

The market data from 6 similar recent sales in SONTERRA points to a value of approximately $253,167. To sell within a reasonable timeframe at fair market value, the $261,000 to $263,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in SONTERRA. With 5 similar homes currently listed in SONTERRA (a buyer's market), competition is a factor to consider. In SONTERRA, home values have risen approximately 7.9% over the past 6 months. One of the strongest data points is 752 Circle WAY # 35H, Jarrell TX 76537, adjusting to $238,335; a strong comparable. 6 comparable transactions in SONTERRA 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