Based on 7 closed sales in STONE HOUSE ESTATES, the data points to a value around $673,703 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $761,000 to $766,000. This would position the home competitively among 2 active listings in STONE HOUSE ESTATES. The larger floor plan (173 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 5.02 acres versus 1.30 for the typical comp. Current inventory shows 2 comparable homes in STONE HOUSE ESTATES; a buyer's market based on recent absorption. Market data shows 78642 prices fallen 1.2% over the last half year. The closest comparable sale, 612 Umbrella Sky, Liberty Hill TX 78642 at an adjusted $761,371, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in STONE HOUSE ESTATES. 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
