221 Quail Run 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 $544,565. I'd recommend coming to market at $534,000 to $555,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78624. Built in 1987, this home is 27 years older than the average comp, which is reflected in the adjustments. The 1.42 acre lot (larger than the 0.63 acre average) is reflected in the estimate. 1 similar homes are currently available in 78624, creating a buyer's market for this price range. The trend in 78624 shows prices have risen 0.4% in the past 6 months. 108 Tanglewood DR, Fredericksburg TX 78624 nearby adjusts to $446,810; with a larger floor plan. 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