2220 Chisholm TRL, Salado TX 76571

The market data from 4 similar recent sales in 76571 points to a value of approximately $283,994. To sell within a reasonable timeframe at fair market value, the $394,000 to $395,000 range is where I'd position this. With 7 comparable homes on the market in 76571, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.36 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. With 7 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. In 76571, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 1405 Oak Park LN, Salado TX 76571, adjusting to $230,514; a strong comparable. The 4 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