764 Quail Ridge RD, Salado TX 76571

The market data from 7 similar recent sales in 76571 points to a value of approximately $700,853. To sell within a reasonable timeframe at fair market value, the $499,000 to $509,000 range is where I'd position this. Among the similar homes currently available in 76571, this price point stands out as competitive. The 108 sqft size difference versus comparable sales is reflected in the adjusted values. At 10.00 acres, the lot is larger than the 1.58 acre comp average, which factors into pricing. The active market in 76571 includes 7 comparable homes priced from $494,840 to $899,900. In 76571, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 1412 Indian TRL, Salado TX 76571, adjusting to $581,333; with a smaller floor plan. 7 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