1333 Loop 332, Liberty Hill TX 78642

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $242,425. I'd recommend coming to market at $275,000 to $280,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in 78642. At 420 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1935, this home is 82 years older than the average comp, which is reflected in the adjustments. Buyers in 78642 have 5 comparable options right now, with asking prices between $279,000 and $520,000. The trend in 78642 shows prices have fallen 3.5% in the past 6 months. 205 Outlaw DR, Liberty Hill TX 78642 nearby adjusts to $250,862; with a larger floor plan. Based on 7 relevant data points in 78642, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX