428 Summit CIR, Fredericksburg TX 78624

After reviewing 7 recent transactions in 78624, I estimate this property's value at $467,068. A competitive list price for this home right now would fall in the $363,000 to $373,000 range. Buyers shopping in 78624 right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (178 sqft vs the comp average) plays a role in how the market prices it. At 7 years older than typical comps, the 1981 build date influences the valuation. There are currently 7 similar homes on the market in 78624, ranging from $359,900 to $715,000. Prices in 78624 have risen 6.1% over the last 6 months. A similar home at 715 Wedgewood LN, Fredericksburg TX 78624 carries an adjusted comparable value of $309,899, providing a strong data point. The comp data here (7 sales in 78624) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus