646 TRANQUILITY LN, Fredericksburg TX 78624

Based on 7 closed sales in 78624, the data points to a value around $806,736 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $520,000 to $530,000. Buyers shopping in 78624 right now would see this as a well positioned option among 3 comparable homes. At 256 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.20 acres versus 0.24 for the typical comp. 3 similar homes are currently available in 78624, creating a buyer's market for this price range. Market data shows 78624 prices fallen 9.8% over the last half year. The closest comparable sale, 718 GRACE LN, Fredericksburg TX 78624 at an adjusted $455,000, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus