1203 Baines ST, Salado TX 76571

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $424,342. I'd recommend coming to market at $362,000 to $372,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 76571, this price point stands out as competitive. Built in 2005, this home is 17 years older than the average comp, which is reflected in the adjustments. The 1.04 acre lot (larger than the 0.68 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 76571, listed between $349,990 and $465,600. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 1218 Brody WAY, Salado TX 76571 nearby adjusts to $481,612; 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