224 Norcia LOOP, Liberty Hill TX 78642

The market data from 3 similar recent sales in SANTA RITA RANCH points to a value of approximately $643,948. To sell within a reasonable timeframe at fair market value, the $698,000 to $721,000 range is where I'd position this. Against 4 similar active listings in SANTA RITA RANCH, this price point lands at the most affordable of 4 comparable homes on the market. The 2013 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. 4 similar homes are currently available in SANTA RITA RANCH, creating a buyer's market for this price range. In SANTA RITA RANCH, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 513 Compania CV, Liberty Hill TX 78642, adjusting to $516,141; with a smaller floor plan. 3 comparable transactions in SANTA RITA RANCH 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