710 N 5th ST, Jarrell TX 76537

The estimated value of this property is $224,570, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $256,000 and $271,000. With 7 comparable homes on the market in TOWN/JARRELL, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 1983, this home is 37 years older than the average comp, which is reflected in the adjustments. The 0.48 acre lot (larger than the 0.14 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in TOWN/JARRELL; a buyer's market based on recent absorption. Recent trends in 76537 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 137 Hondo Gap LN, Jarrell TX 76537, with an adjusted value of $200,113; a strong comparable. Based on 7 relevant data points in TOWN/JARRELL, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX