1224 Southridge RD, Salado TX 76571

The market data from 7 similar recent sales in 76571 points to a value of approximately $326,705. To sell within a reasonable timeframe at fair market value, the $320,000 to $333,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 76571. Being 621 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1994 construction puts this home 12 years older than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in 76571, listed between $364,000 and $364,000. In 76571, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 813 Eagle Cross CV, Salado TX 76571, adjusting to $327,236; a strong comparable. 7 comparable transactions in 76571 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group