313 W Creek ST, Fredericksburg TX 78624

Taking into account 7 nearby comparable sales, this property's estimated value comes to $482,153. If we were to list this property today, I'd recommend a list price in the $253,000 to $263,000 range. Relative to what's currently available in 78624, this home would be the most expensive of 5 comparable homes on the market. The 431 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1960 (27 years older than comps) is factored into the value estimate. Right now, 5 similar properties are competing for buyers in 78624, listed between $284,000 and $600,000. The 6 month price trend in 78624: fallen 21.6%. The best comp here is 802 S Creek ST # 116, Fredericksburg TX 78624 at an adjusted value of $335,372, 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