1148 Balcones DR, Fredericksburg TX 78624

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,005,601. I'd recommend coming to market at $910,000 to $1,469,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78624, this price point stands out as competitive. This home's smaller footprint (241 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 6 of 7 comparable homes not offering one. There are currently 2 similar homes on the market in 78624, ranging from $839,000 to $1,375,000. The trend in 78624 shows prices have fallen 9.8% in the past 6 months. 1208 Spotted Fawn TRL, Fredericksburg TX 78624 nearby adjusts to $673,838; with no pool. 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