315 Craigen RD, Liberty Hill TX 78642

The estimated value of this property is $526,537, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $371,000 and $381,000. With 1 comparable homes on the market in 78642, this price positions the property as below the only comparable home currently on the market. Built in 1999, this home is 16 years older than the average comp, which is reflected in the adjustments. The 10.00 acre lot (larger than the 0.33 acre average) is reflected in the estimate. 1 similar homes are currently available in 78642, creating a buyer's market for this price range. Recent trends in 78642 show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 404 Cortona LN, Georgetown TX 78628, with an adjusted value of $430,325; a strong comparable. Based on 7 relevant data points in 78642, 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