720 GRACE LN, Fredericksburg TX 78624

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $538,760. To generate strong buyer interest while maximizing value, I'd price this between $523,000 and $555,000. Against 2 similar active listings in 78624, this price point lands at the most affordable of 2 comparable homes on the market. The larger floor plan (161 sqft compared to the average comp) is a meaningful differentiator in this price range. With 2 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 $624,095; with a smaller floor plan. The 3 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