950 County Road 214, 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 $421,327. I'd recommend coming to market at $285,000 to $295,000 to strike the right balance between value and market velocity. In the current WEST R SUR market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 1975, this home is 23 years older than the average comp, which is reflected in the adjustments. The 2.48 acre lot (larger than the 1.67 acre average) is reflected in the estimate. With 7 similar homes currently listed in WEST R SUR (a buyer's market), competition is a factor to consider. The trend in 78642 shows prices have fallen 2.7% in the past 6 months. 2600 County Road 279, Leander TX 78641 nearby adjusts to $573,926; with a larger floor plan and a pool. 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