222 Majestic Cedar DR, Liberty Hill TX 78642

The market data from 5 similar recent sales in ORCHARD RIDGE points to a value of approximately $289,281. To sell within a reasonable timeframe at fair market value, the $304,000 to $311,000 range is where I'd position this. With 7 comparable homes on the market in ORCHARD RIDGE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 205 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in ORCHARD RIDGE; a buyer's market based on recent absorption. In ORCHARD RIDGE, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 113 High Plains PASS, Liberty Hill TX 78642, adjusting to $259,063; with a smaller floor plan. 5 comparable transactions in ORCHARD RIDGE 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