1107 N Ridge RD, Salado TX 76571

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $543,286. Pricing this home between $426,000 and $436,000 would put it in the competitive sweet spot for MILL CREEK. This home's position in the current MILL CREEK market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 1993 build date influences the valuation. The larger lot (0.94 acres versus the area average of 0.76) contributes to the valuation. Right now, 7 similar properties are competing for buyers in MILL CREEK, listed between $389,990 and $739,000. Market data shows MILL CREEK prices fallen 18.7% over the last half year. The closest comparable sale, 2721 Chisholm TRL, Salado TX 76571 at an adjusted $533,924, is with a smaller floor plan. With 4 comparable sales in MILL CREEK, 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