112 Acorn ST, Fredericksburg TX 78624

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $615,065. To generate strong buyer interest while maximizing value, I'd price this between $315,000 and $325,000. Against 7 similar active listings in 78624, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 0.30 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78624; a buyer's market based on recent absorption. The trend in 78624 shows prices have fallen 21.6% in the past 6 months. 605 Lupine Lane LN, Fredericksburg TX 78624 nearby adjusts to $475,190; with a smaller floor plan. The 6 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