840 Phillip LN, Liberty Hill TX 78642

Based on 7 closed sales in PHILLIP LANE ESTATES, the data points to a value around $348,183 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $289,000 to $299,000. Buyers shopping in PHILLIP LANE ESTATES right now would see this as a well positioned option among 2 comparable homes. Lot size matters here: 1.00 acres versus 1.24 for the typical comp. Current inventory shows 2 comparable homes in PHILLIP LANE ESTATES; a buyer's market based on recent absorption. Market data shows 78642 prices fallen 1% over the last half year. The closest comparable sale, 140 Savanna Terrace DR, Liberty Hill TX 78642 at an adjusted $263,064, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus