279 Wellborn RD, Liberty Hill TX 78642

My analysis of 5 comparable properties puts this home's estimated value at $881,695. Based on how the local market is moving, a list price between $718,000 and $728,000 would position this home well. This home's position in the current NORTHGATE RANCH market: the most expensive of 4 comparable homes on the market among comparable properties. Being 142 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (1.67 acres versus the area average of 1.14) contributes to the valuation. Current inventory shows 4 comparable homes in NORTHGATE RANCH; a buyer's market based on recent absorption. The 6 month price trend in 78642: fallen 4.8%. The best comp here is 121 Houston LOOP, Liberty Hill TX 78642 at an adjusted value of $911,651, a strong comparable. With 5 comparable sales in NORTHGATE RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group