475 Phillip LN, Liberty Hill TX 78642

My analysis of 7 comparable properties puts this home's estimated value at $336,428. Based on how the local market is moving, a list price between $273,000 and $283,000 would position this home well. This home's position in the current NORTHWEST market: the most expensive of 2 comparable homes on the market among comparable properties. At 30 years older than typical comps, the 1984 build date influences the valuation. The larger lot (2.50 acres versus the area average of 0.75) contributes to the valuation. The active market in NORTHWEST includes 2 comparable homes priced from $295,000 to $302,000. The 6 month price trend in 78642: fallen 4%. The best comp here is 481 Indian Oaks, Liberty Hill TX 78642 at an adjusted value of $401,188, a strong comparable. With 7 comparable sales in NORTHWEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group