Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $580,072. To generate strong buyer interest while maximizing value, I'd price this between $369,000 and $379,000. In the current CARRINGTON RANCH market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 1.02 acres, the lot is smaller than the 1.09 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in CARRINGTON RANCH, listed between $364,900 and $1,925,000. The trend in 78642 shows prices have risen 0.8% in the past 6 months. 50 Rock House DR, Liberty Hill TX 78642 nearby adjusts to $533,028; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
