461 Van Bibber RD, Salado TX 76571

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $302,175. To generate strong buyer interest while maximizing value, I'd price this between $342,000 and $344,000. With 4 comparable homes on the market in 76571, this price positions the property as the most affordable of 4 comparable homes on the market. The 1950 construction puts this home 47 years older than the comp average, a factor in the pricing. At 5.20 acres, the lot is larger than the 0.39 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in 76571, ranging from $349,000 to $399,000. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 137 Capps Branch LN, Salado TX 76571 nearby adjusts to $416,246; a strong comparable. 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