403 Summerwood DR, Liberty Hill TX 78642

The estimated value of this property is $313,296, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $304,000 and $323,000. With 1 comparable homes on the market in SARATOGA SPGS, this price positions the property as below the only comparable home currently on the market. At 235 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2012, this home is 7 years newer than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in SARATOGA SPGS, creating a buyer's market for this price range. Recent trends in 78642 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 106 Augusta Place DR, Liberty Hill TX 78642, with an adjusted value of $322,075; with a smaller floor plan. Based on 3 relevant data points in SARATOGA SPGS, 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