612 Cross Mountain DR, Fredericksburg TX 78624

Reviewing the most recent comparable transactions, this home's market value falls around $558,757. For a well positioned listing in 78624, I'd target the $344,000 to $354,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78624. At 237 sqft smaller than the typical comp, the size difference factors into the valuation. The 1985 construction puts this home 9 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in 78624, creating a buyer's market for this price range. Recent trends in 78624 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 428 Summit CIR, Fredericksburg TX 78624, with an adjusted value of $327,558; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group