1027 County Road 284, Liberty Hill TX 78642

The market data from 7 similar recent sales in 78642 points to a value of approximately $882,581. To sell within a reasonable timeframe at fair market value, the $462,000 to $472,000 range is where I'd position this. In the current 78642 market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 12.50 acres, the lot is larger than the 5.53 acre comp average, which factors into pricing. The active market in 78642 includes 5 comparable homes priced from $435,000 to $1,300,000. In 78642, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 200 High River Ranch DR, Liberty Hill TX 78642, adjusting to $902,277; 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