405 Blessing Ranch RD, Liberty Hill TX 78642

Reviewing the most recent comparable transactions, this home's market value falls around $492,302. For a well positioned listing in BEAR CREEK RANCH, I'd target the $352,000 to $362,000 range. Against 7 similar active listings in BEAR CREEK RANCH, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 2002 construction puts this home 18 years older than the comp average, a factor in the pricing. At 4.99 acres, the lot is larger than the 0.90 acre comp average, which factors into pricing. With 7 similar homes currently listed in BEAR CREEK RANCH (a buyer's market), competition is a factor to consider. Recent trends in 78642 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 50 S Bear Creek RD, Liberty Hill TX 78642, with an adjusted value of $818,662; with a pool. 7 comparable transactions in BEAR CREEK RANCH 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