601 Ridgecrest DR, Salado TX 76571

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $330,023. To generate strong buyer interest while maximizing value, I'd price this between $449,000 and $457,000. Against 7 similar active listings in 76571, this price point lands at the most affordable of 7 comparable homes on the market. The 178 sqft size difference versus comparable sales is reflected in the adjusted values. The 1987 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 76571; a buyer's market based on recent absorption. The trend in 76571 shows prices have fallen 7.4% in the past 6 months. 2110 Chisholm TRL, Salado TX 76571 nearby adjusts to $368,619; with a smaller floor plan. 4 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