695 Ashley CT, Salado TX 76571

Based on 6 closed sales in 76571, the data points to a value around $597,170 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $458,000 to $468,000. This home's position in the current 76571 market: the most expensive of 4 comparable homes on the market among comparable properties. Being 269 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.52 acres versus 0.48 for the typical comp. Current inventory shows 4 comparable homes in 76571; a buyer's market based on recent absorption. Market data shows 76571 prices fallen 7.4% over the last half year. The closest comparable sale, 2747 Hester WAY, Salado TX 76571 at an adjusted $555,516, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in 76571. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group