1051 Great Oaks, Salado TX 76571

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $476,465. To generate strong buyer interest while maximizing value, I'd price this between $381,000 and $391,000. In the current GREAT OAKS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1996 construction puts this home 21 years older than the comp average, a factor in the pricing. At 2.01 acres, the lot is larger than the 0.59 acre comp average, which factors into pricing. The active market in GREAT OAKS includes 7 comparable homes priced from $349,999 to $689,975. The trend in GREAT OAKS shows prices have fallen 65.6% in the past 6 months. 1228 Y.O. Ranch LOOP, Salado TX 76571 nearby adjusts to $390,163; 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