216 MAGNA LN, Liberty Hill TX 78642

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $385,801. I'd recommend coming to market at $378,000 to $394,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in STONEWALL RANCH, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (175 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. With 7 similar homes currently listed in STONEWALL RANCH (a balanced market), competition is a factor to consider. The trend in STONEWALL RANCH shows prices have risen 7.9% in the past 6 months. 128 Limonite LN, Liberty Hill TX 78642 nearby adjusts to $335,610; a strong comparable. With 7 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