1104 Southridge RD, Salado TX 76571

My analysis of 7 comparable properties puts this home's estimated value at $460,193. Based on how the local market is moving, a list price between $399,000 and $409,000 would position this home well. Buyers shopping in 76571 right now would see this as a well positioned option among 7 comparable homes. At 39 years older than typical comps, the 1972 build date influences the valuation. The smaller lot (0.41 acres versus the area average of 0.62) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 76571, listed between $389,990 and $713,500. The 6 month price trend in 76571: fallen 7.4%. The best comp here is 2015 Th Jones Mill WAY, Salado TX 76571 at an adjusted value of $512,014, a strong comparable. The comp data here (7 sales in 76571) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus