2150 County Road 282, Liberty Hill TX 78642

The market data from 7 similar recent sales in 78642 points to a value of approximately $1,084,843. To sell within a reasonable timeframe at fair market value, the $1,236,000 to $1,249,000 range is where I'd position this. In the current 78642 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (121 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. Current inventory shows 3 comparable homes in 78642; a buyer's market based on recent absorption. In 78642, home values have fallen approximately 4.2% over the past 6 months. One of the strongest data points is 75 County Road 284, Liberty Hill TX 78642, adjusting to $1,336,881; with a smaller floor plan and no pool. 7 comparable transactions in 78642 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