404 E College ST, Fredericksburg TX 78624

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $433,181. Pricing this home between $425,000 and $442,000 would put it in the competitive sweet spot for 78624. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78624's current inventory. This home's smaller footprint (1,124 sqft vs the comp average) plays a role in how the market prices it. At 16 years older than typical comps, the 1982 build date influences the valuation. Current inventory shows 3 comparable homes in 78624; a buyer's market based on recent absorption. Market data shows 78624 prices fallen 27.3% over the last half year. The closest comparable sale, 105 Cristol DR, Fredericksburg TX 78624 at an adjusted $457,706, is with a larger floor plan. With 7 comparable sales in 78624, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group