706 Englemann Oak DR, Fredericksburg TX 78624

After reviewing 4 recent transactions in 78624, I estimate this property's value at $416,034. A competitive list price for this home right now would fall in the $283,000 to $293,000 range. This home's position in the current 78624 market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years older than typical comps, the 2015 build date influences the valuation. 7 similar homes are currently available in 78624, creating a buyer's market for this price range. Prices in 78624 have fallen 9.8% over the last 6 months. A similar home at 148 Feather Way, Fredericksburg TX 78624 carries an adjusted comparable value of $384,731, providing a strong data point. With 4 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