707 Englemann Oak DR, Fredericksburg TX 78624

After reviewing 4 recent transactions in 78624, I estimate this property's value at $412,823. A competitive list price for this home right now would fall in the $277,000 to $287,000 range. This home's position in the current 78624 market: the most expensive of 7 comparable homes on the market among comparable properties. At 233 sqft smaller than the typical comp, the size difference factors into the valuation. At 7 years older than typical comps, the 2015 build date influences the valuation. The active market in 78624 includes 7 comparable homes priced from $259,500 to $459,900. 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 $379,733, providing a strong data point. The comp data here (4 sales in 78624) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus