1117 South RDG, Salado TX 76571

The estimated value of this property is $397,214, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $531,000 and $557,000. With 7 comparable homes on the market in 76571, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (199 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1969, this home is 33 years older than the average comp, which is reflected in the adjustments. The active market in 76571 includes 7 comparable homes priced from $368,500 to $660,000. Recent trends in 76571 show home values have risen 0.7% since 6 months ago. The most comparable recent sale is 2901 Chisholm TRL, Salado TX 76571, with an adjusted value of $485,643; a strong comparable. Based on 7 relevant data points in 76571, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX