18233 Lakepoint CV, Point Venture TX 78645

The estimated value of this property is $416,146, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $333,000 and $343,000. With 7 comparable homes on the market in POINT VENTURE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1996, this home is 7 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in POINT VENTURE (a buyer's market), competition is a factor to consider. Recent trends in POINT VENTURE show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 18906 Venture DR, Point Venture TX 78645, with an adjusted value of $422,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group