702 TRANQUILITY LN, Fredericksburg TX 78624

My analysis of 3 comparable properties puts this home's estimated value at $540,183. Based on how the local market is moving, a list price between $524,000 and $556,000 would position this home well. Relative to what's currently available in 78624, this home would be the most affordable of 2 comparable homes on the market. The 161 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in 78624 have 2 comparable options right now, with asking prices between $1,375,000 and $2,095,000. The 6 month price trend in 78624: fallen 9.8%. The best comp here is 908 Smokey Oak DR, Fredericksburg TX 78624 at an adjusted value of $625,714, with a smaller floor plan. With 3 comparable sales in 78624, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group