705 Pheasant MDW, Liberty Hill TX 78642

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $623,306. I'd recommend coming to market at $605,000 to $642,000 to strike the right balance between value and market velocity. In the current RIO ANCHO market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The smaller floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.82 acre lot (smaller than the 0.95 acre average) is reflected in the estimate. With 2 similar homes currently listed in RIO ANCHO (a buyer's market), competition is a factor to consider. The trend in RIO ANCHO shows prices have fallen 14.3% in the past 6 months. 102 Eagle Valley LN, Liberty Hill TX 78642 nearby adjusts to $604,176; with a larger floor plan. Based on 3 relevant data points in RIO ANCHO, 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