713 TRANQUILITY LN, Fredericksburg TX 78624

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $697,598. To generate strong buyer interest while maximizing value, I'd price this between $334,000 and $344,000. In the current 78624 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The larger floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. With 3 similar homes currently listed in 78624 (a buyer's market), competition is a factor to consider. The trend in 78624 shows prices have fallen 9.8% in the past 6 months. 908 Smokey Oak DR, Fredericksburg TX 78624 nearby adjusts to $583,576; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group