207 S Acorn ST, Fredericksburg TX 78624

After reviewing 7 recent transactions in 78624, I estimate this property's value at $546,472. A competitive list price for this home right now would fall in the $704,000 to $731,000 range. Relative to what's currently available in 78624, this home would be the most affordable of 2 comparable homes on the market. Being 560 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 27 years older than typical comps, the 1948 build date influences the valuation. Current inventory shows 2 comparable homes in 78624; a buyer's market based on recent absorption. Prices in 78624 have fallen 9.8% over the last 6 months. A similar home at 513 S Olive ST, Fredericksburg TX 78624 carries an adjusted comparable value of $464,601, providing a strong data point. The comp data here (7 sales in 78624) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus