645 Grace LN, Fredericksburg TX 78624

Taking into account 3 nearby comparable sales, this property's estimated value comes to $543,553. If we were to list this property today, I'd recommend a list price in the $558,000 to $577,000 range. Relative to what's currently available in 78624, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (253 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.30 acres versus 0.17 for the typical comp. The active market in 78624 includes 3 comparable homes priced from $489,000 to $580,000. The 6 month price trend in 78624: risen 6.9%. The best comp here is 711 Chinkapin DR, Fredericksburg TX 78624 at an adjusted value of $577,145, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 78624. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group