225 S Showhorse DR, Liberty Hill TX 78642

Reviewing the most recent comparable transactions, this home's market value falls around $767,283. For a well positioned listing in SUNDANCE RANCH NORTH, I'd target the $411,000 to $421,000 range. Against 7 similar active listings in SUNDANCE RANCH NORTH, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (194 sqft vs the comp average) plays a role in how the market prices it. At 5.30 acres, the lot is larger than the 4.09 acre comp average, which factors into pricing. With 7 similar homes currently listed in SUNDANCE RANCH NORTH (a buyer's market), competition is a factor to consider. Recent trends in SUNDANCE RANCH NORTH show home values have fallen 10.9% since 6 months ago. The most comparable recent sale is 121 Arabian Ave, Liberty Hill TX 78642, with an adjusted value of $760,834; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group