3227 Hester WAY, Salado TX 76571

My analysis of 5 comparable properties puts this home's estimated value at $668,359. Based on how the local market is moving, a list price between $463,000 and $473,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 76571's current inventory. Having a pool is a plus; 3 of the 5 comps lacked one. The smaller lot (0.52 acres versus the area average of 0.57) contributes to the valuation. With 7 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. The 6 month price trend in 76571: fallen 7.4%. The best comp here is 2050 Chalk Mill XING, Salado TX 76571 at an adjusted value of $727,429, with a larger floor plan. With 5 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