1033 Ferguson Mill RD, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $636,722. For a well positioned listing in 76571, I'd target the $811,000 to $834,000 range. Among the similar homes currently available in 76571, this price point stands out as competitive. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.68 acres, the lot is smaller than the 1.12 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 76571, listed between $630,000 and $945,000. Recent trends in 76571 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 120 Alpen CT, Salado TX 76571, with an adjusted value of $560,221; with a smaller floor plan. 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