204 Sarahs LN, Liberty Hill TX 78642

The estimated value of this property is $587,946, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $338,000 and $348,000. With 7 comparable homes on the market in CIERRA VISTA, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (246 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2011, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in CIERRA VISTA (a buyer's market), competition is a factor to consider. Recent trends in 78642 show home values have fallen 2% since 6 months ago. The most comparable recent sale is 104 Angela DR, Liberty Hill TX 78642, with an adjusted value of $527,696; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group