109 Independence DR, Liberty Hill TX 78642

The market data from 7 similar recent sales in RYAN points to a value of approximately $439,110. To sell within a reasonable timeframe at fair market value, the $371,000 to $381,000 range is where I'd position this. With 5 comparable homes on the market in RYAN, this price positions the property as the most expensive of 5 comparable homes on the market. At 125 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.00 acres, the lot is larger than the 0.62 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in RYAN, ranging from $329,000 to $560,000. In 78642, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 459 Drystone TRL, Liberty Hill TX 78642, adjusting to $360,786; a strong comparable. 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