8401 Mountain DR, Salado TX 76571

After reviewing 7 recent transactions in 76571, I estimate this property's value at $739,842. A competitive list price for this home right now would fall in the $612,000 to $622,000 range. Relative to what's currently available in 76571, this home would be the 4th most expensive of 7 comparable homes on the market. The larger floor plan (155 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 3 of the 7 comps lacked one. There are currently 7 similar homes on the market in 76571, ranging from $499,000 to $1,199,000. Prices in 76571 have fallen 7.4% over the last 6 months. A similar home at 1412 Indian TRL, Salado TX 76571 carries an adjusted comparable value of $624,422, providing a strong data point. The comp data here (7 sales in 76571) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus