851 San Gabriel DR, Liberty Hill TX 78642

The estimated value of this property is $551,402, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $331,000 and $341,000. Against 7 similar active listings in 78642, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1987, this home is 28 years older than the average comp, which is reflected in the adjustments. The 4.62 acre lot (larger than the 2.25 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78642, listed between $310,000 and $675,000. Recent trends in 78642 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 109 Dove Crest LN, Liberty Hill TX 78642, with an adjusted value of $377,170; a strong comparable. Based on 7 relevant data points in 78642, 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