136 Thoroughbred TRCE, Liberty Hill TX 78642

After reviewing 3 recent transactions in 78642, I estimate this property's value at $589,222. A competitive list price for this home right now would fall in the $346,000 to $356,000 range. This home's position in the current 78642 market: the most expensive of 7 comparable homes on the market among comparable properties. The larger lot (5.34 acres versus the area average of 4.42) contributes to the valuation. Current inventory shows 7 comparable homes in 78642; a buyer's market based on recent absorption. Prices in 78642 have fallen 1.8% over the last 6 months. A similar home at 144 Sundance TRL, Liberty Hill TX 78642 carries an adjusted comparable value of $571,504, providing a strong data point. With 3 comparable sales in 78642, 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