510 Spanish Oak LN, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $337,829. For a well positioned listing in 76571, I'd target the $403,000 to $415,000 range. In the current 76571 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (178 sqft vs the comp average) plays a role in how the market prices it. The 1994 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 76571, creating a buyer's market for this price range. Recent trends in 76571 show home values have fallen 6.7% since 6 months ago. The most comparable recent sale is 1405 Oak Park LN, Salado TX 76571, with an adjusted value of $258,718; with a smaller floor plan. 3 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