117 Hobby Horse, Liberty Hill TX 78642

The estimated value of this property is $584,810, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $325,000 and $335,000. With 7 comparable homes on the market in SUNDANCE ESTATES, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 2010, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 9.06 acre lot (larger than the 1.05 acre average) is reflected in the estimate. With 7 similar homes currently listed in SUNDANCE ESTATES (a buyer's market), competition is a factor to consider. Recent trends in SUNDANCE ESTATES show home values have risen 4.9% since 6 months ago. The most comparable recent sale is 313 Polo Pony, Liberty Hill TX 78642, with an adjusted value of $684,509; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group