1711 Old Mill RD, Salado TX 76571

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $312,515. To generate strong buyer interest while maximizing value, I'd price this between $399,000 and $401,000. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in 76571. The 1979 construction puts this home 18 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is smaller than the 0.40 acre comp average, which factors into pricing. Buyers in 76571 have 7 comparable options right now, with asking prices between $349,000 and $439,000. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 2110 Chisholm TRL, Salado TX 76571 nearby adjusts to $310,573; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group