201 Spence LN, Liberty Hill TX 78642

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $877,946. To generate strong buyer interest while maximizing value, I'd price this between $889,000 and $937,000. In the current NORTHGATE RANCH market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 124 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.14 acres, the lot is larger than the 1.10 acre comp average, which factors into pricing. With 4 similar homes currently listed in NORTHGATE RANCH (a buyer's market), competition is a factor to consider. The trend in 78642 shows prices have risen 1% in the past 6 months. 121 Houston LOOP, Liberty Hill TX 78642 nearby adjusts to $888,735; with a smaller floor plan. 3 comparable transactions in NORTHGATE RANCH 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