1401 Mill Creek DR, Salado TX 76571

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $583,244. Pricing this home between $718,000 and $737,000 would put it in the competitive sweet spot for 76571. This would position the home competitively among 7 active listings in 76571. At 336 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.26 acres versus the area average of 1.21) contributes to the valuation. The active market in 76571 includes 7 comparable homes priced from $548,990 to $999,500. Market data shows 76571 prices fallen 7.4% over the last half year. The closest comparable sale, 1204 Fairway CIR, Salado TX 76571 at an adjusted $403,485, is with a larger floor plan. The comp data here (7 sales in 76571) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus