5300 County Road 200, Liberty Hill TX 78642

The market data from 7 similar recent sales in 78642 points to a value of approximately $406,025. To sell within a reasonable timeframe at fair market value, the $330,000 to $340,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78642. At 649 sqft smaller than the typical comp, the size difference factors into the valuation. The 1997 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in 78642 have 1 comparable options right now, with asking prices between $315,000 and $315,000. In 78642, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 511 Blessing Ranch RD, Liberty Hill TX 78642, adjusting to $489,787; 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