347 Sunny Slope RD, Liberty Hill TX 78642

Reviewing the most recent comparable transactions, this home's market value falls around $702,929. For a well positioned listing in 78642, I'd target the $375,000 to $385,000 range. With 7 comparable homes on the market in 78642, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (239 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.50 acres, the lot is smaller than the 1.87 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78642 (a buyer's market), competition is a factor to consider. Recent trends in 78642 show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 161 Milestone RD, Liberty Hill TX 78642, with an adjusted value of $810,920; with a smaller floor plan and a pool. 7 comparable transactions in 78642 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group