225 Cabiness DR, Salado TX 76571

Based on 3 closed sales in SANCTUARY, the data points to a value around $609,301 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $394,000 to $404,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in SANCTUARY's current inventory. Being 281 sqft larger than the average comparable sale in this area impacts the per square foot value. With 7 similar homes currently listed in SANCTUARY (a buyer's market), competition is a factor to consider. Market data shows SANCTUARY prices risen 29.2% over the last half year. The closest comparable sale, 413 Blue Sage LN, Salado TX 76571 at an adjusted $608,559, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus