1229 Shady Oaks LN, Salado TX 76571

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $583,049. I'd recommend coming to market at $632,000 to $668,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 76571, this price positions the property as the most affordable of 2 comparable homes on the market. Built in 2003, this home is 18 years older than the average comp, which is reflected in the adjustments. The 3.24 acre lot (larger than the 0.72 acre average) is reflected in the estimate. 2 similar homes are currently available in 76571, creating a buyer's market for this price range. The trend in 76571 shows prices have fallen 7.3% in the past 6 months. 1448 Hidden Springs DR, Salado TX 76571 nearby adjusts to $608,034; with a larger floor plan and a pool. 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