1510 Great Oaks, Salado TX 76571

Based on 7 closed sales in 76571, the data points to a value around $555,981 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $452,000 to $462,000. Buyers shopping in 76571 right now would see this as a well positioned option among 7 comparable homes. Being built in 2001 (16 years older than comps) is factored into the value estimate. Lot size matters here: 1.95 acres versus 1.65 for the typical comp. With 7 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. Market data shows 76571 prices fallen 2.1% over the last half year. The closest comparable sale, 5184 Royal ST, Salado TX 76571 at an adjusted $895,795, is with a larger floor plan. The strength of this estimate comes from 7 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