126 Deep Lake DR, Liberty Hill TX 78642

The estimated value of this property is $493,235, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $301,000 and $311,000. With 7 comparable homes on the market in RIVERBEND OAKS, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 1985, this home is 6 years older than the average comp, which is reflected in the adjustments. The 1.27 acre lot (smaller than the 2.51 acre average) is reflected in the estimate. With 7 similar homes currently listed in RIVERBEND OAKS (a buyer's market), competition is a factor to consider. Recent trends in 78642 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 103 Foust DR, Liberty Hill TX 78642, with an adjusted value of $482,195; 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