Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,081,566. I'd recommend coming to market at $1,049,000 to $1,114,000 to strike the right balance between value and market velocity. Against 1 similar active listings in LIVING ESTATES, this price point lands at below the only comparable home currently on the market. Being 1,894 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 5 of 7 comparable homes not offering one. Right now, 1 similar properties are competing for buyers in LIVING ESTATES, listed between $2,800,000 and $2,800,000. The trend in 78642 shows prices have fallen 4% in the past 6 months. 300 Little Gabriel River DR, Liberty Hill TX 78642 nearby adjusts to $1,264,538; with a smaller floor plan and no pool. Based on 7 relevant data points in LIVING ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX