216 Lakefront DR, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $543,959. For a well positioned listing in POINT VENTURE, I'd target the $664,000 to $677,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in POINT VENTURE. At 295 sqft larger than the typical comp, the size difference factors into the valuation. At 1.56 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. 3 similar homes are currently available in POINT VENTURE, creating a buyer's market for this price range. Recent trends in POINT VENTURE show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 18917 PECKHAM DR, Point Venture TX 78645, with an adjusted value of $569,033; a strong comparable. 7 comparable transactions in POINT VENTURE 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