208 Spence LN, Liberty Hill TX 78642

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $927,367. To generate strong buyer interest while maximizing value, I'd price this between $900,000 and $955,000. Against 3 similar active listings in NORTHGATE RANCH, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 180 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.32 acres, the lot is larger than the 1.15 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in NORTHGATE RANCH; a buyer's market based on recent absorption. The trend in NORTHGATE RANCH shows prices have fallen 5.8% in the past 6 months. 265 Wellborn RD, Liberty Hill TX 78642 nearby adjusts to $986,880; a strong comparable. 5 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