708 GRACE LN, Fredericksburg TX 78624

Taking into account 5 nearby comparable sales, this property's estimated value comes to $675,325. If we were to list this property today, I'd recommend a list price in the $323,000 to $333,000 range. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78624's current inventory. Being 116 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in 78624; a buyer's market based on recent absorption. The 6 month price trend in 78624: fallen 8.6%. The best comp here is 908 Smokey Oak DR, Fredericksburg TX 78624 at an adjusted value of $567,005, with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in 78624. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group