705 Phillip LN, Liberty Hill TX 78642

The comparable sales data (7 recent transactions in NORTHWEST ACRES) supports an estimated value of $380,740. The data suggests a list price between $276,000 and $286,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in NORTHWEST ACRES, this home would be the most expensive of 3 comparable homes on the market. Being built in 1997 (5 years older than comps) is factored into the value estimate. Lot size matters here: 2.90 acres versus 1.31 for the typical comp. Buyers in NORTHWEST ACRES have 3 comparable options right now, with asking prices between $295,000 and $365,949. Prices in 78642 have fallen 4.8% over the last 6 months. A similar home at 481 Indian Oaks, Liberty Hill TX 78642 carries an adjusted comparable value of $423,951, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in NORTHWEST ACRES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group