201 Riley LN, Fredericksburg TX 78624

3 recent sales in the surrounding area of this address suggest a current value of $862,653. My recommended list price range for this property would be $440,000 to $450,000. Against 5 similar active listings in 78624, this price point lands at the 3rd most expensive of 5 comparable homes on the market. Being 108 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.22 acre lot (smaller than the 0.26 acre average) is reflected in the estimate. With 5 similar homes currently listed in 78624 (a buyer's market), competition is a factor to consider. In 78624, home values have fallen approximately 4.5% over the past 6 months. One of the strongest data points is 605 Lupine Lane LN, Fredericksburg TX 78624, adjusting to $523,573; with a smaller floor plan. With 3 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