345 Ow Lowrey DR, Salado TX 76571

Based on 3 closed sales in 76571, the data points to a value around $500,120 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $468,000 to $581,000. Buyers shopping in 76571 right now would see this as a well positioned option among 4 comparable homes. At 110 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.78 acres versus 0.67 for the typical comp. Right now, 4 similar properties are competing for buyers in 76571, listed between $419,995 and $627,500. Market data shows 76571 prices fallen 7.4% over the last half year. The closest comparable sale, 1860 Meadow Crest DR, Salado TX 76571 at an adjusted $452,996, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 76571. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group