719 Englemann Oak DR, Fredericksburg TX 78624

My analysis of 3 comparable properties puts this home's estimated value at $374,716. Based on how the local market is moving, a list price between $248,000 and $258,000 would position this home well. Buyers shopping in 78624 right now would see this as a well positioned option among 7 comparable homes. At 11 years older than typical comps, the 2013 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.14) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78624, listed between $249,000 and $265,000. The 6 month price trend in 78624: fallen 9.8%. The best comp here is 148 Feather Way, Fredericksburg TX 78624 at an adjusted value of $349,671, with a larger floor plan. The comp data here (3 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