121 Terrace CV, Liberty Hill TX 78642

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $352,691. Pricing this home between $342,000 and $363,000 would put it in the competitive sweet spot for 78642. Relative to what's currently available in 78642, this home would be below the only comparable home currently on the market. At 19 years older than typical comps, the 1998 build date influences the valuation. The smaller lot (0.50 acres versus the area average of 0.84) contributes to the valuation. With 1 similar homes currently listed in 78642 (a buyer's market), competition is a factor to consider. Market data shows 78642 prices fallen 2.5% over the last half year. The closest comparable sale, 816 Drystone TRL, Liberty Hill TX 78642 at an adjusted $329,667, is a strong comparable. The comp data here (7 sales in 78642) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus