803 Sunset ST, Fredericksburg TX 78624

Reviewing the most recent comparable transactions, this home's market value falls around $442,528. For a well positioned listing in 78624, I'd target the $261,000 to $271,000 range. In the current 78624 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1967 construction puts this home 24 years older than the comp average, a factor in the pricing. At 0.21 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78624, ranging from $254,000 to $1,149,000. Recent trends in 78624 show home values have fallen 23.2% since 6 months ago. The most comparable recent sale is 511 Olive ST, Fredericksburg TX 78624, with an adjusted value of $638,847; a strong comparable. 7 comparable transactions in 78624 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group