418 Home Place LN, Salado TX 76571

The estimated value of this property is $564,966, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $624,000 and $633,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in 76571. Built in 1999, this home is 15 years older than the average comp, which is reflected in the adjustments. The 0.26 acre lot (smaller than the 1.55 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 76571, ranging from $487,500 to $699,000. Recent trends in 76571 show home values have fallen 9.1% since 6 months ago. The most comparable recent sale is 2901 Chisholm TRL, Salado TX 76571, with an adjusted value of $542,145; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group