321 Hale ST, Fredericksburg TX 78624

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $587,771. I'd recommend coming to market at $339,000 to $349,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78624, this price point stands out as competitive. At 112 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1946, this home is 19 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78624, ranging from $359,900 to $1,149,000. The trend in 78624 shows prices have fallen 9.8% in the past 6 months. 428 Summit CIR, Fredericksburg TX 78624 nearby adjusts to $288,679; a strong comparable. Based on 7 relevant data points in 78624, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX