1782 Running Creek DR, Salado TX 76513

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $824,399. I'd recommend coming to market at $539,000 to $549,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 76513. At 376 sqft larger than the typical comp, the size difference factors into the valuation. The 1.26 acre lot (larger than the 0.91 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 76513; a balanced market based on recent absorption. The trend in 76513 shows prices have risen 3% in the past 6 months. 2016 The Creeks DR, Salado TX 76571 nearby adjusts to $844,044; a strong comparable. Based on 3 relevant data points in 76513, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX