8400 Mountain DR, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $589,953. For a well positioned listing in 76571, I'd target the $510,000 to $520,000 range. 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 76571. The 1995 construction puts this home 20 years older than the comp average, a factor in the pricing. At 3.36 acres, the lot is larger than the 0.52 acre comp average, which factors into pricing. The active market in 76571 includes 7 comparable homes priced from $499,000 to $1,100,000. Recent trends in 76571 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 205 Presa DR, Salado TX 76571, with an adjusted value of $564,366; with a larger 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