990 Salado School RD, Salado TX 76571

Reviewing the most recent comparable transactions, this home's market value falls around $402,003. For a well positioned listing in 76571, I'd target the $409,000 to $421,000 range. With 7 comparable homes on the market in 76571, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 128 sqft smaller than the typical comp, the size difference factors into the valuation. The 2012 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 76571; a buyer's market based on recent absorption. Recent trends in 76571 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 3631 W Amity RD, Salado TX 76571, with an adjusted value of $436,324; with a larger floor plan. The 3 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