Based on 4 closed sales in SUNDANCE RANCH, the data points to a value around $746,621 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $475,000 to $485,000. Relative to what's currently available in SUNDANCE RANCH, this home would be the most expensive of 7 comparable homes on the market. A pool adds market appeal. Only 4 minus 2 of the comps had one. Lot size matters here: 6.51 acres versus 5.35 for the typical comp. Right now, 7 similar properties are competing for buyers in SUNDANCE RANCH, listed between $449,271 and $1,400,000. Market data shows 78642 prices fallen 1.9% over the last half year. The closest comparable sale, 144 Sundance TRL, Liberty Hill TX 78642 at an adjusted $694,732, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in SUNDANCE RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
