302 Westmoor ST, Fredericksburg TX 78624

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $448,623. I'd recommend coming to market at $270,000 to $280,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78624, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 1978, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.41 acre lot (larger than the 0.15 acre average) is reflected in the estimate. 7 similar homes are currently available in 78624, creating a buyer's market for this price range. The trend in 78624 shows prices have fallen 28.9% in the past 6 months. 203 Winston DR, Fredericksburg TX 78624 nearby adjusts to $338,610; 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