8551 Fm 1105, Jarrell TX 76537

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $157,578. To generate strong buyer interest while maximizing value, I'd price this between $153,000 and $162,000. With 1 comparable homes on the market in LEWIS, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (439 sqft vs the comp average) plays a role in how the market prices it. The 1900 construction puts this home 115 years older than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in LEWIS; a buyer's market based on recent absorption. The trend in 76537 shows prices have fallen 2.6% in the past 6 months. 101 Engineers Pass, Jarrell TX 76537 nearby adjusts to $150,557; with a larger floor plan. 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