8469 Spring Creek LOOP, Salado TX 76571

The estimated value of this property is $721,348, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $581,000 and $591,000. Against 4 similar active listings in 76571, this price point lands at the most expensive of 4 comparable homes on the market. The larger floor plan (161 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.75 acre lot (larger than the 0.53 acre average) is reflected in the estimate. Buyers in 76571 have 4 comparable options right now, with asking prices between $499,000 and $869,700. Recent trends in 76571 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 6792 Kings Mill DR, Salado TX 76571, with an adjusted value of $784,508; a strong comparable. Based on 5 relevant data points in 76571, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX