281 Salado Creek RD, Salado TX 76571

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $311,175. I'd recommend coming to market at $339,000 to $385,000 to strike the right balance between value and market velocity. In the current 76571 market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.53 acre lot (larger than the 0.44 acre average) is reflected in the estimate. With 1 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. The trend in 76571 shows prices have fallen 8.6% in the past 6 months. 137 Capps Branch LN, Salado TX 76571 nearby adjusts to $435,215; a strong comparable. Based on 5 relevant data points in 76571, 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