408 Hay MDW, Salado TX 76571

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,010,106. To generate strong buyer interest while maximizing value, I'd price this between $1,058,000 and $1,318,000. Against 3 similar active listings in 76571, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 867 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.83 acres, the lot is larger than the 1.37 acre comp average, which factors into pricing. The active market in 76571 includes 3 comparable homes priced from $839,000 to $1,695,000. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 901 Blaylock DR, Salado TX 76571 nearby adjusts to $748,177; with a larger floor plan. 7 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