156 Milestone RD, Liberty Hill TX 78642

After reviewing 7 recent transactions in 78642, I estimate this property's value at $627,503. A competitive list price for this home right now would fall in the $350,000 to $360,000 range. Buyers shopping in 78642 right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (161 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (1.00 acres versus the area average of 1.28) contributes to the valuation. The active market in 78642 includes 7 comparable homes priced from $330,000 to $477,977. Prices in 78642 have fallen 3.5% over the last 6 months. A similar home at 3501 Whitt Creek TRL, Leander TX 78641 carries an adjusted comparable value of $752,654, providing a strong data point. With 7 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