2865 Fredwoods DR, Kingsland TX 78639

After reviewing 7 recent transactions in FRED WOOD, I estimate this property's value at $497,867. A competitive list price for this home right now would fall in the $72,000 to $82,000 range. This would position the home competitively among 4 active listings in FRED WOOD. This home's smaller footprint (455 sqft vs the comp average) plays a role in how the market prices it. At 9 years older than typical comps, the 1978 build date influences the valuation. Current inventory shows 4 comparable homes in FRED WOOD; a buyer's market based on recent absorption. Prices in 78639 have risen 113.3% over the last 6 months. A similar home at 2318 Wisteria, Kingsland TX 78639 carries an adjusted comparable value of $697,771, 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