406 S Columbus DR, Fredericksburg TX 78624

My analysis of 4 comparable properties puts this home's estimated value at $493,755. Based on how the local market is moving, a list price between $286,000 and $296,000 would position this home well. Buyers shopping in SOUTH HEIGHTS right now would see this as a well positioned option among 7 comparable homes. The larger lot (0.26 acres versus the area average of 0.20) contributes to the valuation. Buyers in SOUTH HEIGHTS have 7 comparable options right now, with asking prices between $270,000 and $459,900. The 6 month price trend in SOUTH HEIGHTS: risen 11%. The best comp here is 908 Smokey Oak DR, Fredericksburg TX 78624 at an adjusted value of $527,189, a strong comparable. With 4 comparable sales in SOUTH HEIGHTS, 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