705 Speed Horse, Liberty Hill TX 78642

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $680,021. To generate strong buyer interest while maximizing value, I'd price this between $336,000 and $346,000. With 7 comparable homes on the market in SUNDANCE ESTATES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 308 sqft larger than the typical comp, the size difference factors into the valuation. At 1.51 acres, the lot is larger than the 1.28 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SUNDANCE ESTATES; a buyer's market based on recent absorption. The trend in 78642 shows prices have fallen 1.9% in the past 6 months. 213 Bronco BLVD, Liberty Hill TX 78642 nearby adjusts to $665,090; with a smaller floor plan. 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