106 Frederick RD S, Fredericksburg TX 78624

The estimated value of this property is $441,336, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $269,000 and $279,000. Among the similar homes currently available in 78624, this price point stands out as competitive. This home's smaller footprint (420 sqft vs the comp average) plays a role in how the market prices it. Built in 1988, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78624; a buyer's market based on recent absorption. Recent trends in 78624 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 513 W College ST, Fredericksburg TX 78624, with an adjusted value of $422,829; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group