504 E Travis ST, Fredericksburg TX 78624

Reviewing the most recent comparable transactions, this home's market value falls around $661,716. For a well positioned listing in 78624, I'd target the $718,000 to $873,000 range. With 2 comparable homes on the market in 78624, this price positions the property as the most affordable of 2 comparable homes on the market. Being 1,397 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. Right now, 2 similar properties are competing for buyers in 78624, listed between $1,699,000 and $1,995,000. Recent trends in 78624 show home values have risen 10.9% since 6 months ago. The most comparable recent sale is 605 Lupine Lane LN, Fredericksburg TX 78624, with an adjusted value of $606,585; with a smaller floor plan and no pool. 7 comparable transactions in 78624 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group