171 Roundup DR, Liberty Hill TX 78642

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $390,533. To generate strong buyer interest while maximizing value, I'd price this between $279,000 and $289,000. In the current DRAKES XING market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 578 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in DRAKES XING; a buyer's market based on recent absorption. The trend in 78642 shows prices have fallen 4.2% in the past 6 months. 136 Roundup DR, Liberty Hill TX 78642 nearby adjusts to $357,470; a strong comparable. 7 comparable transactions in DRAKES XING support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group