140 ARBOLADO LOOP, Liberty Hill TX 78642

After reviewing 3 recent transactions in SANTA RITA RANCH, I estimate this property's value at $605,401. A competitive list price for this home right now would fall in the $610,000 to $649,000 range. Relative to what's currently available in SANTA RITA RANCH, this home would be the most expensive of 3 comparable homes on the market. Being 101 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.38 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 3 comparable homes in SANTA RITA RANCH; a buyer's market based on recent absorption. Prices in SANTA RITA RANCH have risen 5.8% over the last 6 months. A similar home at 421 Pendent DR, Liberty Hill TX 78642 carries an adjusted comparable value of $610,190, providing a strong data point. With 3 comparable sales in SANTA RITA RANCH, 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