1413 Bishop DR, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $331,227. For a well positioned listing in 76571, I'd target the $397,000 to $398,000 range. In the current 76571 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1995 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is smaller than the 0.63 acre comp average, which factors into pricing. The active market in 76571 includes 7 comparable homes priced from $349,000 to $439,000. Recent trends in 76571 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 2110 Chisholm TRL, Salado TX 76571, with an adjusted value of $323,655; a strong comparable. 7 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