125 Prairie LN, Salado TX 76571

After reviewing 7 recent transactions in 76571, I estimate this property's value at $367,727. A competitive list price for this home right now would fall in the $400,000 to $408,000 range. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in 76571's current inventory. The smaller floor plan (298 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years older than typical comps, the 2004 build date influences the valuation. Current inventory shows 6 comparable homes in 76571; a buyer's market based on recent absorption. Prices in 76571 have fallen 4% over the last 6 months. A similar home at 108 Chelsea CIR, Salado TX 76571 carries an adjusted comparable value of $426,617, providing a strong data point. With 7 comparable sales in 76571, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group