207 Sunday CIR, Fredericksburg TX 78624

The estimated value of this property is $475,795, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $210,000 and $220,000. In the current 78624 market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. Being 323 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.50 acre lot (smaller than the 0.56 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in 78624; a buyer's market based on recent absorption. Recent trends in 78624 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 802 S Creek ST # 116, Fredericksburg TX 78624, with an adjusted value of $343,228; a strong comparable. 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