1604 Old Mill RD, Salado TX 76571

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $306,216. Pricing this home between $352,000 and $371,000 would put it in the competitive sweet spot for 76571. Relative to what's currently available in 76571, this home would be the most affordable of 4 comparable homes on the market. The smaller lot (0.17 acres versus the area average of 0.33) contributes to the valuation. The active market in 76571 includes 4 comparable homes priced from $349,000 to $399,000. Market data shows 76571 prices fallen 7.4% over the last half year. The closest comparable sale, 1401 Guess DR, Salado TX 76571 at an adjusted $329,311, is a strong comparable. The comp data here (7 sales in 76571) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus