645 TRANQUILITY LN, Fredericksburg TX 78624

Taking into account 7 nearby comparable sales, this property's estimated value comes to $806,135. If we were to list this property today, I'd recommend a list price in the $887,000 to $1,455,000 range. This home's position in the current 78624 market: the most affordable of 2 comparable homes on the market among comparable properties. Being 256 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.19 acres versus 0.24 for the typical comp. Right now, 2 similar properties are competing for buyers in 78624, listed between $1,375,000 and $2,095,000. The 6 month price trend in 78624: fallen 9.8%. The best comp here is 718 GRACE LN, Fredericksburg TX 78624 at an adjusted value of $455,000, a strong comparable. The strength of this estimate comes from 7 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