712 GRACE LN, Fredericksburg TX 78624

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $803,952. Pricing this home between $887,000 and $1,455,000 would put it in the competitive sweet spot for 78624. This would position the home competitively among 2 active listings in 78624. At 256 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.19 acres versus the area average of 0.24) contributes to the valuation. 2 similar homes are currently available in 78624, creating a buyer's market for this price range. Market data shows 78624 prices fallen 9.8% over the last half year. The closest comparable sale, 718 GRACE LN, Fredericksburg TX 78624 at an adjusted $455,000, is a strong comparable. With 7 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