620 Xanadu DR, Jarrell TX 76537

After reviewing 7 recent transactions in SONTERRA, I estimate this property's value at $248,868. A competitive list price for this home right now would fall in the $257,000 to $266,000 range. Buyers shopping in SONTERRA right now would see this as a well positioned option among 6 comparable homes. The larger lot (0.17 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 6 comparable homes in SONTERRA; a buyer's market based on recent absorption. Prices in SONTERRA have risen 7.9% over the last 6 months. A similar home at 124 Perfect World LOOP, Jarrell TX 76537 carries an adjusted comparable value of $240,970, providing a strong data point. With 7 comparable sales in SONTERRA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group