700 Whispering Oaks DR, Salado TX 76571

The market data from 7 similar recent sales in MILL CREEK points to a value of approximately $386,341. To sell within a reasonable timeframe at fair market value, the $421,000 to $424,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in MILL CREEK. The 1975 construction puts this home 29 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is smaller than the 0.69 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MILL CREEK; a buyer's market based on recent absorption. In 76571, home values have risen approximately 1.9% over the past 6 months. One of the strongest data points is 531 Santa Rosa RD, Salado TX 76571, adjusting to $274,486; with a smaller floor plan. 7 comparable transactions in MILL CREEK 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