624 Shale DR, Jarrell TX 76537

The market data from 7 similar recent sales in SONTERRA WEST points to a value of approximately $235,874. To sell within a reasonable timeframe at fair market value, the $229,000 to $243,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in SONTERRA WEST. The larger floor plan (152 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 4 comparable homes in SONTERRA WEST; a buyer's market based on recent absorption. In SONTERRA WEST, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 243 Engineers PASS, Jarrell TX 76537, adjusting to $148,965; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group