1022 Salado School RD, Salado TX 76571

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $478,951. I'd recommend coming to market at $412,000 to $422,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 76571. Being 161 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2009, this home is 7 years older than the average comp, which is reflected in the adjustments. Buyers in 76571 have 7 comparable options right now, with asking prices between $399,900 and $584,000. The trend in 76571 shows prices have fallen 8.5% in the past 6 months. 108 Chelsea CIR, Salado TX 76571 nearby adjusts to $438,764; a strong comparable. With 6 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