721 Englemann Oak DR, Fredericksburg TX 78624

Reviewing the most recent comparable transactions, this home's market value falls around $395,645. For a well positioned listing in 78624, I'd target the $264,000 to $274,000 range. Among the similar homes currently available in 78624, this price point stands out as competitive. The 2010 construction puts this home 13 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78624, ranging from $259,500 to $459,900. Recent trends in 78624 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 148 Feather Way, Fredericksburg TX 78624, with an adjusted value of $366,881; with a larger floor plan. The 4 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