720 Buffalo TRL, Liberty Hill TX 78642

The estimated value of this property is $725,978, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $619,000 and $629,000. In the current RIO ANCHO market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (170 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.27 acre lot (larger than the 1.06 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in RIO ANCHO; a buyer's market based on recent absorption. Recent trends in RIO ANCHO show home values have fallen 0.2% since 6 months ago. The most comparable recent sale is 744 Buffalo TRL, Liberty Hill TX 78642, with an adjusted value of $644,791; a strong comparable. Based on 4 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