239 Neal DR, Liberty Hill TX 78642

The market data from 7 similar recent sales in CIERRA SPGS points to a value of approximately $545,451. To sell within a reasonable timeframe at fair market value, the $535,000 to $556,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in CIERRA SPGS. The 2006 construction puts this home 15 years older than the comp average, a factor in the pricing. At 1.00 acres, the lot is larger than the 0.40 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in CIERRA SPGS, listed between $635,000 and $700,000. In 78642, home values have fallen approximately 3.5% over the past 6 months. One of the strongest data points is 228 Neal DR, Liberty Hill TX 78642, adjusting to $628,845; with a smaller floor plan. 7 comparable transactions in CIERRA SPGS 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