8324 Spring Creek LOOP, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $587,197. For a well positioned listing in SPRING CREEK ESTATES, I'd target the $570,000 to $605,000 range. In the current SPRING CREEK ESTATES market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The 2019 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.57 acres, the lot is larger than the 0.53 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in SPRING CREEK ESTATES, listed between $599,900 and $659,900. Recent trends in 76571 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 4037 Aerie ST, Salado TX 76571, with an adjusted value of $553,526; a strong comparable. The 4 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