700 San Gabriel DR, 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 $430,521. I'd recommend coming to market at $276,000 to $286,000 to strike the right balance between value and market velocity. Against 4 similar active listings in DURHAM PARK, this price point lands at the most expensive of 4 comparable homes on the market. Built in 1986, this home is 16 years older than the average comp, which is reflected in the adjustments. The 14.05 acre lot (larger than the 1.92 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in DURHAM PARK, listed between $265,000 and $549,500. The trend in DURHAM PARK shows prices have risen 31.4% in the past 6 months. 701 Shin Oak LN, Liberty Hill TX 78642 nearby adjusts to $404,710; a strong comparable. 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