2304 Stone Nook, Fredericksburg TX 78624

Based on 7 closed sales in 78624, the data points to a value around $514,426 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $698,000 to $779,000. Relative to what's currently available in 78624, this home would be the most affordable of 4 comparable homes on the market. Being 104 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1998 (7 years older than comps) is factored into the value estimate. There are currently 4 similar homes on the market in 78624, ranging from $699,000 to $2,095,000. Market data shows 78624 prices fallen 9.8% over the last half year. The closest comparable sale, 605 Lupine Lane LN, Fredericksburg TX 78624 at an adjusted $473,501, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus