1146 Shepherd DR, Salado TX 76571

The estimated value of this property is $499,997, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $386,000 and $396,000. In the current 76571 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 2013, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.37 acre lot (smaller than the 0.48 acre average) is reflected in the estimate. 7 similar homes are currently available in 76571, creating a buyer's market for this price range. Recent trends in 76571 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 2901 Chisholm TRL, Salado TX 76571, with an adjusted value of $575,055; 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