11047 Stinnett Mill RD, Salado TX 76571

My analysis of 3 comparable properties puts this home's estimated value at $596,635. Based on how the local market is moving, a list price between $579,000 and $615,000 would position this home well. Buyers shopping in 76571 right now would see this as a well positioned option among 5 comparable homes. At 109 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.59 acres versus the area average of 0.54) contributes to the valuation. With 5 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. The 6 month price trend in 76571: fallen 8.6%. The best comp here is 2015 Th Jones Mill WAY, Salado TX 76571 at an adjusted value of $605,588, with a smaller floor plan. With 3 comparable sales in 76571, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group