2927 Ranch Road 965, Fredericksburg TX 78624

After reviewing 7 recent transactions in 78624, I estimate this property's value at $534,877. A competitive list price for this home right now would fall in the $423,000 to $433,000 range. This home's position in the current 78624 market: the most expensive of 4 comparable homes on the market among comparable properties. At 178 sqft smaller than the typical comp, the size difference factors into the valuation. At 9 years older than typical comps, the 1985 build date influences the valuation. 4 similar homes are currently available in 78624, creating a buyer's market for this price range. Prices in 78624 have fallen 19% over the last 6 months. A similar home at 216 Broadmoor DR, Fredericksburg TX 78624 carries an adjusted comparable value of $532,001, providing a strong data point. The comp data here (7 sales in 78624) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus