18701 Lakeland DR, Lago Vista TX 78645

The estimated value of this property is $387,976, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $191,000 and $201,000. Among the similar homes currently available in POINT VENTURE, this price point stands out as competitive. Built in 1970, this home is 27 years older than the average comp, which is reflected in the adjustments. The 0.77 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in POINT VENTURE, listed between $169,000 and $565,000. Recent trends in POINT VENTURE show home values have fallen 23.6% since 6 months ago. The most comparable recent sale is 531 Demarett DR # 25, Point Venture TX 78645, with an adjusted value of $248,163; with a smaller floor plan. Based on 7 relevant data points in POINT VENTURE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX