2865 Fredwoods DR, Kingsland TX 78639

After reviewing 7 recent transactions in FRED WOOD, I estimate this property's value at $290,487. A competitive list price for this home right now would fall in the $123,000 to $133,000 range. This would position the home competitively among 5 active listings in FRED WOOD. This home's smaller footprint (150 sqft vs the comp average) plays a role in how the market prices it. At 24 years older than typical comps, the 1978 build date influences the valuation. Current inventory shows 5 comparable homes in FRED WOOD; a buyer's market based on recent absorption. Prices in 78639 have risen 59.5% over the last 6 months. A similar home at 1503 Sioux TRL, Kingsland TX 78639 carries an adjusted comparable value of $155,968, providing a strong data point. With 7 comparable sales in FRED WOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group