304 River RD, Liberty Hill TX 78642

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $286,783. I'd recommend coming to market at $278,000 to $295,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78642. Built in 1986, this home is 26 years older than the average comp, which is reflected in the adjustments. The 1.43 acre lot (larger than the 0.78 acre average) is reflected in the estimate. With 1 similar homes currently listed in 78642 (a buyer's market), competition is a factor to consider. The trend in 78642 shows prices have fallen 2.9% in the past 6 months. 201 Kristi LN, Liberty Hill TX 78642 nearby adjusts to $318,390; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group