3009 Saint Luke ST, Salado TX 76571

My analysis of 4 comparable properties puts this home's estimated value at $456,717. Based on how the local market is moving, a list price between $443,000 and $470,000 would position this home well. Relative to what's currently available in 76571, this home would be the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (162 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.50 acres versus the area average of 0.56) contributes to the valuation. Buyers in 76571 have 4 comparable options right now, with asking prices between $394,500 and $584,000. The 6 month price trend in 76571: fallen 9.1%. The best comp here is 108 Chelsea CIR, Salado TX 76571 at an adjusted value of $420,978, with a larger floor plan. With 4 comparable sales in 76571, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group