1022 Salado School RD, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $508,758. For a well positioned listing in 76571, I'd target the $234,000 to $244,000 range. With 4 comparable homes on the market in 76571, this price positions the property as the most expensive of 4 comparable homes on the market. The 2009 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.43 acre comp average, which factors into pricing. 4 similar homes are currently available in 76571, creating a buyer's market for this price range. Recent trends in 76571 show home values have risen 1.9% since 6 months ago. The most comparable recent sale is 108 Chelsea CIR, Salado TX 76571, with an adjusted value of $438,701; a strong comparable. 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