610 Old Windmill RD, Liberty Hill TX 78642

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $348,479. I'd recommend coming to market at $224,000 to $234,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in SAN GABRIEL RIVER RANCH, this price positions the property as the most expensive of 2 comparable homes on the market. Built in 1976, this home is 25 years older than the average comp, which is reflected in the adjustments. The 1.43 acre lot (larger than the 1.14 acre average) is reflected in the estimate. With 2 similar homes currently listed in SAN GABRIEL RIVER RANCH (a buyer's market), competition is a factor to consider. The trend in 78642 shows prices have fallen 3.5% in the past 6 months. 5550 County Road 200, Liberty Hill TX 78642 nearby adjusts to $330,835; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group