930 Circle DR, Jarrell TX 76537

The market data from 5 similar recent sales in SONTERRA points to a value of approximately $254,270. To sell within a reasonable timeframe at fair market value, the $255,000 to $256,000 range is where I'd position this. With 7 comparable homes on the market in SONTERRA, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SONTERRA; a buyer's market based on recent absorption. In SONTERRA, home values have risen approximately 3.7% over the past 6 months. One of the strongest data points is 120 Outlaw DR, Jarrell TX 76537, adjusting to $275,282; a strong comparable. 5 comparable transactions in SONTERRA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group