100 W Creek DR, Salado TX 76571

The market data from 7 similar recent sales in 76571 points to a value of approximately $654,262. To sell within a reasonable timeframe at fair market value, the $501,000 to $511,000 range is where I'd position this. With 7 comparable homes on the market in 76571, this price positions the property as the most expensive of 7 comparable homes on the market. The 2001 construction puts this home 12 years older than the comp average, a factor in the pricing. At 2.28 acres, the lot is larger than the 1.57 acre comp average, which factors into pricing. 7 similar homes are currently available in 76571, creating a buyer's market for this price range. In 76571, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 2901 Chisholm TRL, Salado TX 76571, adjusting to $622,507; a strong comparable. The 7 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