705 N Bowie ST, Fredericksburg TX 78624

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $638,100. Pricing this home between $301,000 and $311,000 would put it in the competitive sweet spot for 78624. This would position the home competitively among 7 active listings in 78624. At 309 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in 78624; a buyer's market based on recent absorption. Market data shows 78624 prices fallen 9.8% over the last half year. The closest comparable sale, 326 W Mulberry ST, Fredericksburg TX 78624 at an adjusted $770,249, is 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