2150 County Road 284, Liberty Hill TX 78642

The market data from 7 similar recent sales in 78642 points to a value of approximately $635,073. To sell within a reasonable timeframe at fair market value, the $692,000 to $701,000 range is where I'd position this. With 2 comparable homes on the market in 78642, this price positions the property as the most expensive of 2 comparable homes on the market. The 2011 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 12.25 acres, the lot is larger than the 2.87 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in 78642, listed between $675,000 and $895,000. In 78642, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 255 Glasscock RD, Liberty Hill TX 78642, adjusting to $795,921; a strong comparable. 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