311 Summer Hill DR, Fredericksburg TX 78624

Based on 7 closed sales in 78624, the data points to a value around $560,830 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $452,000 to $462,000. This would position the home competitively among 5 active listings in 78624. The 256 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2004 (5 years newer than comps) is factored into the value estimate. The active market in 78624 includes 5 comparable homes priced from $474,500 to $2,095,000. Market data shows 78624 prices risen 17.8% over the last half year. The closest comparable sale, 309 Heritage Hills DR, Fredericksburg TX 78624 at an adjusted $475,757, is with a smaller floor plan. 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