1402 Yellow Rose, Salado TX 76571

The market data from 6 similar recent sales in 76571 points to a value of approximately $470,529. To sell within a reasonable timeframe at fair market value, the $456,000 to $485,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 76571. The pool is a differentiator here, since 4 of 6 comparable sales didn't include one. At 0.67 acres, the lot is larger than the 0.61 acre comp average, which factors into pricing. With 7 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. In 76571, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 3585 W Amity RD, Salado TX 76571, adjusting to $551,256; with a smaller floor plan. 6 comparable transactions in 76571 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group