301 Phillip LN, Liberty Hill TX 78642

After reviewing 7 recent transactions in NORTHWEST, I estimate this property's value at $374,138. A competitive list price for this home right now would fall in the $293,000 to $303,000 range. Buyers shopping in NORTHWEST right now would see this as a well positioned option among 2 comparable homes. The 162 sqft size difference versus comparable sales is reflected in the adjusted values. At 7 years older than typical comps, the 1994 build date influences the valuation. Current inventory shows 2 comparable homes in NORTHWEST; a buyer's market based on recent absorption. Prices in 78642 have fallen 0.9% over the last 6 months. A similar home at 1101 Phillip LN, Liberty Hill TX 78642 carries an adjusted comparable value of $456,117, providing a strong data point. With 7 comparable sales in NORTHWEST, 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