612 Blessing Ranch RD, Liberty Hill TX 78642

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $475,087. I'd recommend coming to market at $267,000 to $277,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in BEAR CREEK RANCH, this price positions the property as the most expensive of 6 comparable homes on the market. This home's smaller footprint (490 sqft vs the comp average) plays a role in how the market prices it. Built in 1993, this home is 9 years older than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in BEAR CREEK RANCH, listed between $259,990 and $325,000. The trend in 78642 shows prices have fallen 5% in the past 6 months. 501 Blessing Ranch RD, Liberty Hill TX 78642 nearby adjusts to $594,079; with a larger 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