705 SAN GABRIEL RANCH RD, Liberty Hill TX 78642

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $886,437. To generate strong buyer interest while maximizing value, I'd price this between $629,000 and $639,000. In the current DRAKES CROSSING market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Being 352 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1995 construction puts this home 21 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in DRAKES CROSSING; a buyer's market based on recent absorption. The trend in 78642 shows prices have fallen 4.8% in the past 6 months. 121 Quarry Park CV, Liberty Hill TX 78642 nearby adjusts to $719,530; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group