1257 Western TRL, Salado TX 76571

After reviewing 7 recent transactions in 76571, I estimate this property's value at $888,731. A competitive list price for this home right now would fall in the $915,000 to $980,000 range. Relative to what's currently available in 76571, this home would be the 2nd most expensive of 3 comparable homes on the market. At 6 years older than typical comps, the 2015 build date influences the valuation. The larger lot (7.26 acres versus the area average of 2.19) contributes to the valuation. Current inventory shows 3 comparable homes in 76571; a buyer's market based on recent absorption. Prices in 76571 have fallen 9.7% over the last 6 months. A similar home at 1893 Cheyenne PASS, Salado TX 76571 carries an adjusted comparable value of $984,566, 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