11102 Salado Springs CIR, Salado TX 76571

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $328,921. I'd recommend coming to market at $319,000 to $339,000 to strike the right balance between value and market velocity. Against 1 similar active listings in 76571, this price point lands at below the only comparable home currently on the market. Built in 1983, this home is 11 years older than the average comp, which is reflected in the adjustments. The 0.45 acre lot (smaller than the 0.81 acre average) is reflected in the estimate. Current inventory shows 1 comparable homes in 76571; a buyer's market based on recent absorption. The trend in 76571 shows prices have fallen 7.6% in the past 6 months. 281 Salado Creek RD, Salado TX 76571 nearby adjusts to $304,223; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group