117 Round Up DR, Liberty Hill TX 78642

Reviewing the most recent comparable transactions, this home's market value falls around $420,717. For a well positioned listing in DRAKES CROSSING, I'd target the $408,000 to $433,000 range. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in DRAKES CROSSING. This home's smaller footprint (357 sqft vs the comp average) plays a role in how the market prices it. At 1.00 acres, the lot is smaller than the 2.82 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in DRAKES CROSSING; a buyer's market based on recent absorption. Recent trends in 78642 show home values have fallen 3.7% since 6 months ago. The most comparable recent sale is 144 Round Up DR, Liberty Hill TX 78642, with an adjusted value of $376,114; 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