1409 Oak Park LN, Salado TX 76571

Based on 5 closed sales in 76571, the data points to a value around $301,309 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $347,000 to $366,000. Relative to what's currently available in 76571, this home would be the most affordable of 2 comparable homes on the market. At 136 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.49 for the typical comp. There are currently 2 similar homes on the market in 76571, ranging from $349,000 to $379,000. Market data shows 76571 prices fallen 7.4% over the last half year. The closest comparable sale, 281 Salado Creek RD, Salado TX 76571 at an adjusted $280,373, is a strong comparable. 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