124 High Plains PASS, Liberty Hill TX 78642

My analysis of 5 comparable properties puts this home's estimated value at $279,981. Based on how the local market is moving, a list price between $305,000 and $306,000 would position this home well. Relative to what's currently available in ORCHARD RIDGE, this home would be the most affordable of 7 comparable homes on the market. This home's smaller footprint (222 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 7 comparable homes in ORCHARD RIDGE; a buyer's market based on recent absorption. The 6 month price trend in ORCHARD RIDGE: fallen 5%. The best comp here is 103 Wagon Spoke CV, Liberty Hill TX 78642 at an adjusted value of $271,390, with a larger floor plan. With 5 comparable sales in ORCHARD RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group