402 Pheasant MDW, Liberty Hill TX 78642

The market data from 6 similar recent sales in RIO ANCHO points to a value of approximately $694,015. To sell within a reasonable timeframe at fair market value, the $723,000 to $727,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in RIO ANCHO. At 104 sqft larger than the typical comp, the size difference factors into the valuation. At 0.78 acres, the lot is smaller than the 0.90 acre comp average, which factors into pricing. Buyers in RIO ANCHO have 3 comparable options right now, with asking prices between $628,500 and $830,000. In RIO ANCHO, home values have fallen approximately 10.1% over the past 6 months. One of the strongest data points is 504 Pheasant MDW, Liberty Hill TX 78642, adjusting to $625,809; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group