321 O W Lowrey DR, Salado TX 76571

The market data from 3 similar recent sales in 76571 points to a value of approximately $480,944. To sell within a reasonable timeframe at fair market value, the $358,000 to $368,000 range is where I'd position this. In the current 76571 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 170 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.62 acres, the lot is larger than the 0.55 acre comp average, which factors into pricing. The active market in 76571 includes 7 comparable homes priced from $344,990 to $460,000. In 76571, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 153 Ranger BLVD, Salado TX 76571, adjusting to $508,566; with a pool. 3 comparable transactions in 76571 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group