2151 County Road 282, Liberty Hill TX 78642

The market data from 7 similar recent sales in 78642 points to a value of approximately $529,863. To sell within a reasonable timeframe at fair market value, the $413,000 to $423,000 range is where I'd position this. Among the similar homes currently available in 78642, this price point stands out as competitive. The 1993 construction puts this home 15 years older than the comp average, a factor in the pricing. At 3.60 acres, the lot is larger than the 1.48 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78642; a buyer's market based on recent absorption. In 78642, home values have fallen approximately 3.4% over the past 6 months. One of the strongest data points is 496 Spoonts LN, Liberty Hill TX 78642, adjusting to $636,640; 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