610 Phillip, Liberty Hill TX 78642

The estimated value of this property is $340,405, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $330,000 and $351,000. Against 1 similar active listings in NORTHWEST ACRES, this price point lands at below the only comparable home currently on the market. Built in 1997, this home is 17 years older than the average comp, which is reflected in the adjustments. The 2.90 acre lot (larger than the 0.75 acre average) is reflected in the estimate. Current inventory shows 1 comparable homes in NORTHWEST ACRES; a buyer's market based on recent absorption. Recent trends in 78642 show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 111 Lazy Trail CT, Liberty Hill TX 78642, with an adjusted value of $461,214; a strong comparable. Based on 7 relevant data points in NORTHWEST ACRES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX