213 Crestwood 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 $469,660. I'd recommend coming to market at $261,000 to $271,000 to strike the right balance between value and market velocity. In the current 78624 market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Built in 1980, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.28 acre lot (larger than the 0.19 acre average) is reflected in the estimate. The active market in 78624 includes 5 comparable homes priced from $254,000 to $1,149,000. The trend in 78624 shows prices have fallen 26.8% in the past 6 months. 203 Winston DR, Fredericksburg TX 78624 nearby adjusts to $322,575; 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