223 Northwest DR, Fredericksburg TX 78624

Based on 7 closed sales in 78624, the data points to a value around $639,859 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $372,000 to $382,000. This would position the home competitively among 7 active listings in 78624. Being built in 1984 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.34 acres versus 0.19 for the typical comp. The active market in 78624 includes 7 comparable homes priced from $359,900 to $1,149,000. Market data shows 78624 prices fallen 9.8% over the last half year. The closest comparable sale, 208 N Acorn ST, Fredericksburg TX 78624 at an adjusted $1,028,513, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78624. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group