1910 Old Mill RD # 5, Salado TX 76571

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $322,167. To generate strong buyer interest while maximizing value, I'd price this between $413,000 and $424,000. In the current 76571 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1982 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.06 acres, the lot is smaller than the 0.68 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 76571, ranging from $379,000 to $450,000. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 2110 Chisholm TRL, Salado TX 76571 nearby adjusts to $311,596; 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