102 Settlement DR, Fredericksburg TX 78624

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $488,038. Pricing this home between $299,000 and $309,000 would put it in the competitive sweet spot for 78624. This home's position in the current 78624 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. At 14 years older than typical comps, the 2007 build date influences the valuation. With 7 similar homes currently listed in 78624 (a buyer's market), competition is a factor to consider. Market data shows 78624 prices fallen 9.8% over the last half year. The closest comparable sale, 711 Chinkapin DR, Fredericksburg TX 78624 at an adjusted $501,693, is a strong comparable. The comp data here (3 sales in 78624) 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