617 Xanadu DR, Jarrell TX 76537

The market data from 5 similar recent sales in SONTERRA points to a value of approximately $286,113. To sell within a reasonable timeframe at fair market value, the $234,000 to $244,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in SONTERRA. At 0.22 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SONTERRA, ranging from $250,000 to $310,000. In SONTERRA, home values have fallen approximately 0.8% over the past 6 months. One of the strongest data points is 425 Ibis Falls LOOP, Jarrell TX 76537, adjusting to $292,311; with a larger floor plan. 5 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