920 Thousand Oaks, Liberty Hill TX 78642

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $362,417. I'd recommend coming to market at $266,000 to $276,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78642, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 2001, this home is 8 years older than the average comp, which is reflected in the adjustments. The 1.02 acre lot (smaller than the 1.33 acre average) is reflected in the estimate. 4 similar homes are currently available in 78642, creating a buyer's market for this price range. The trend in 78642 shows prices have fallen 2.9% in the past 6 months. 111 Lazy Trail CT, Liberty Hill TX 78642 nearby adjusts to $432,112; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group