315 W Burbank ST, Fredericksburg TX 78624

Taking into account 7 nearby comparable sales, this property's estimated value comes to $509,976. If we were to list this property today, I'd recommend a list price in the $344,000 to $354,000 range. This home's position in the current ORCHARD market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (598 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1945 (35 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in ORCHARD; a buyer's market based on recent absorption. The 6 month price trend in 78624: fallen 9.8%. The best comp here is 513 S Olive ST, Fredericksburg TX 78624 at an adjusted value of $484,559, 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