1701 Meadow Crest DR, Salado TX 76571

The estimated value of this property is $485,896, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $616,000 and $738,000. Among the similar homes currently available in 76571, this price point stands out as competitive. The 300 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.50 acre lot (smaller than the 0.60 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 76571; a balanced market based on recent absorption. Recent trends in 76571 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 1270 Flint Ridge LOOP, Salado TX 76571, with an adjusted value of $436,910; 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