7125 Day DR, Salado TX 76571

The market data from 6 similar recent sales in 76571 points to a value of approximately $485,534. To sell within a reasonable timeframe at fair market value, the $413,000 to $423,000 range is where I'd position this. Among the similar homes currently available in 76571, this price point stands out as competitive. Being 213 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.60 acres, the lot is larger than the 0.56 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 76571; a buyer's market based on recent absorption. In 76571, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 819 Eagle Cross CV, Salado TX 76571, adjusting to $459,599; with a larger floor plan. The 6 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