14380 Spotted Horse LN, Salado TX 76571

The estimated value of this property is $496,839, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $487,000 and $507,000. With 2 comparable homes on the market in 76571, this price positions the property as the most affordable of 2 comparable homes on the market. At 3,197 sqft larger than the typical comp, the size difference factors into the valuation. The 5.76 acre lot (larger than the 0.78 acre average) is reflected in the estimate. 2 similar homes are currently available in 76571, creating a balanced market for this price range. Recent trends in 76571 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 901 Salado Oaks DR, Salado TX 76571, with an adjusted value of $610,545; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group