42.13 Acres Lindemann RD, Salado TX 76571

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $389,539. I'd recommend coming to market at $500,000 to $567,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 76571. Built in 1976, this home is 43 years older than the average comp, which is reflected in the adjustments. The 42.13 acre lot (larger than the 0.66 acre average) is reflected in the estimate. The active market in 76571 includes 2 comparable homes priced from $660,000 to $765,000. The trend in 76571 shows prices have fallen 8.5% in the past 6 months. 1265 Flint Ridge LOOP, Salado TX 76571 nearby adjusts to $311,414; 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