5701 FM 2843, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $717,344. For a well positioned listing in 76571, I'd target the $703,000 to $732,000 range. Against 3 similar active listings in 76571, this price point lands at the most affordable of 3 comparable homes on the market. At 24.50 acres, the lot is larger than the 1.56 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 76571, listed between $875,000 and $1,099,900. Recent trends in 76571 show home values have risen 7.3% since 6 months ago. The most comparable recent sale is 1265 Mourning Dove CT, Salado TX 76571, with an adjusted value of $948,351; a strong comparable. The 7 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