411 OW Lowrey DR, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $465,200. For a well positioned listing in 76571, I'd target the $366,000 to $376,000 range. In the current 76571 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 0.55 acres, the lot is smaller than the 0.59 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 76571, listed between $357,999 and $689,975. Recent trends in 76571 show home values have fallen 9.1% since 6 months ago. The most comparable recent sale is 12312 Blackberry RD, Salado TX 76571, with an adjusted value of $439,544; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group