411 Blessing Ranch RD, Liberty Hill TX 78642

Reviewing the most recent comparable transactions, this home's market value falls around $550,086. For a well positioned listing in BEAR CREEK RANCH, I'd target the $419,000 to $429,000 range. Against 7 similar active listings in BEAR CREEK RANCH, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 2011 construction puts this home 10 years older than the comp average, a factor in the pricing. At 4.98 acres, the lot is larger than the 1.19 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in BEAR CREEK RANCH, listed between $414,785 and $1,749,000. Recent trends in 78642 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 711 Lackey Creek RD, Liberty Hill TX 78642, with an adjusted value of $563,880; with a smaller floor plan. The 7 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