704 Loop 332, 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 $351,510. I'd recommend coming to market at $298,000 to $308,000 to strike the right balance between value and market velocity. In the current 78642 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 1920, this home is 94 years older than the average comp, which is reflected in the adjustments. The 0.37 acre lot (smaller than the 1.17 acre average) is reflected in the estimate. 7 similar homes are currently available in 78642, creating a buyer's market for this price range. The trend in 78642 shows prices have fallen 3.6% in the past 6 months. 900 CR 282, Liberty Hill TX 78642 nearby adjusts to $489,996; a strong comparable. Based on 7 relevant data points in 78642, 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