516 Oak Point CT, Liberty Hill TX 78642

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $794,044. To generate strong buyer interest while maximizing value, I'd price this between $829,000 and $857,000. Against 2 similar active listings in IRON OAK, this price point lands at the most expensive of 2 comparable homes on the market. The 2019 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 2.03 acres, the lot is smaller than the 3.28 acre comp average, which factors into pricing. With 2 similar homes currently listed in IRON OAK (a buyer's market), competition is a factor to consider. The trend in 78642 shows prices have fallen 1.4% in the past 6 months. 744 Buffalo TRL, Liberty Hill TX 78642 nearby adjusts to $661,898; with a larger 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