1111 Mill Creek DR, Salado TX 76571

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $738,080. I'd recommend coming to market at $827,000 to $898,000 to strike the right balance between value and market velocity. In the current 76571 market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The larger floor plan (690 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 3 of 5 comparable homes not offering one. The active market in 76571 includes 5 comparable homes priced from $819,900 to $1,199,990. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 1010 Brookhollow CIR, Salado TX 76571 nearby adjusts to $742,794; with a smaller floor plan and no pool. With 5 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