1710 Old Mill RD # 12, Salado TX 76571

Based on 7 closed sales in 76571, the data points to a value around $462,868 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $398,000 to $408,000. This home's position in the current 76571 market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1977 (34 years older than comps) is factored into the value estimate. Lot size matters here: 0.08 acres versus 0.55 for the typical comp. There are currently 7 similar homes on the market in 76571, ranging from $389,990 to $739,000. Market data shows 76571 prices fallen 7.4% over the last half year. The closest comparable sale, 2901 Chisholm TRL, Salado TX 76571 at an adjusted $461,139, is a strong comparable. 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