Taking into account 7 nearby comparable sales, this property's estimated value comes to $526,303. If we were to list this property today, I'd recommend a list price in the $435,000 to $445,000 range. This home's position in the current 78642 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being built in 1999 (6 years older than comps) is factored into the value estimate. Lot size matters here: 1.30 acres versus 2.47 for the typical comp. Buyers in 78642 have 3 comparable options right now, with asking prices between $432,990 and $799,990. The 6 month price trend in 78642: fallen 1.2%. The best comp here is 131 N Showhorse DR, Liberty Hill TX 78642 at an adjusted value of $764,629, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus