408 N Pecan ST NW, Fredericksburg TX 78624

My analysis of 7 comparable properties puts this home's estimated value at $1,125,446. Based on how the local market is moving, a list price between $1,585,000 and $1,635,000 would position this home well. This would position the home competitively among 4 active listings in 78624. The 601 sqft size difference versus comparable sales is reflected in the adjusted values. At 59 years older than typical comps, the 1930 build date influences the valuation. 4 similar homes are currently available in 78624, creating a buyer's market for this price range. The 6 month price trend in 78624: fallen 9.8%. The best comp here is 706 W Creek ST, Fredericksburg TX 78624 at an adjusted value of $1,634,519, with a smaller 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