201 Cowboy TRL, 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 $702,800. I'd recommend coming to market at $590,000 to $600,000 to strike the right balance between value and market velocity. In the current 78642 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 361 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1996, this home is 17 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in 78642 (a buyer's market), competition is a factor to consider. The trend in 78642 shows prices have fallen 1.8% in the past 6 months. 110 Stable Oaks, Liberty Hill TX 78642 nearby adjusts to $746,007; with a smaller 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