701 Shin Oak LN, Liberty Hill TX 78642

My analysis of 7 comparable properties puts this home's estimated value at $441,819. Based on how the local market is moving, a list price between $243,000 and $253,000 would position this home well. This home's position in the current DURHAM PARK market: the most expensive of 3 comparable homes on the market among comparable properties. At 345 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (2.09 acres versus the area average of 2.79) contributes to the valuation. The active market in DURHAM PARK includes 3 comparable homes priced from $225,000 to $549,500. The 6 month price trend in DURHAM PARK: risen 31.4%. The best comp here is 2455 Double File TRCE, Liberty Hill TX 78642 at an adjusted value of $500,728, a strong comparable. With 7 comparable sales in DURHAM PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group