744 Xanadu DR, Jarrell TX 76537

After reviewing 7 recent transactions in SONTERRA, I estimate this property's value at $276,954. A competitive list price for this home right now would fall in the $214,000 to $224,000 range. This home's position in the current SONTERRA market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. The larger lot (0.24 acres versus the area average of 0.15) contributes to the valuation. 6 similar homes are currently available in SONTERRA, creating a buyer's market for this price range. Prices in SONTERRA have risen 7.9% over the last 6 months. A similar home at 120 Igneous LN, Jarrell TX 76537 carries an adjusted comparable value of $264,281, 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