201 Green Oaks LOOP, Fredericksburg TX 78624

The estimated value of this property is $539,159, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $291,000 and $301,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78624. Built in 2005, this home is 8 years newer than the average comp, which is reflected in the adjustments. The 0.17 acre lot (smaller than the 0.58 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78624, listed between $274,000 and $1,149,000. Recent trends in 78624 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 711 Chinkapin DR, Fredericksburg TX 78624, with an adjusted value of $452,045; a strong comparable. Based on 7 relevant data points in 78624, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX