500 Spoleto DR, Liberty Hill TX 78642

The market data from 7 similar recent sales in SANTA RITA RANCH points to a value of approximately $451,928. To sell within a reasonable timeframe at fair market value, the $473,000 to $484,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in SANTA RITA RANCH. Being 698 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.16 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. In SANTA RITA RANCH, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 502 Menlo BND, Liberty Hill TX 78642, adjusting to $437,811; a strong comparable. 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