1331 Flint Ridge LOOP, Salado TX 76571

Based on 5 closed sales in 76571, the data points to a value around $421,734 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $355,000 to $365,000. Relative to what's currently available in 76571, this home would be the most expensive of 7 comparable homes on the market. Being 255 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.54 acres versus 0.57 for the typical comp. Current inventory shows 7 comparable homes in 76571; a buyer's market based on recent absorption. Market data shows 76571 prices fallen 7.6% over the last half year. The closest comparable sale, 1425 King Ranch RD, Salado TX 76571 at an adjusted $546,636, is with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in 76571. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group