18507 Lakeland DR, Point Venture TX 78645

After reviewing 3 recent transactions in POINT VENTURE, I estimate this property's value at $1,367,271. A competitive list price for this home right now would fall in the $712,000 to $722,000 range. Buyers shopping in POINT VENTURE right now would see this as a well positioned option among 6 comparable homes. The larger floor plan (410 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.80 acres versus the area average of 0.95) contributes to the valuation. 6 similar homes are currently available in POINT VENTURE, creating a buyer's market for this price range. Prices in POINT VENTURE have fallen 30.2% over the last 6 months. A similar home at 18405 Lakepoint CV, Point Venture TX 78645 carries an adjusted comparable value of $1,622,511, providing a strong data point. With 3 comparable sales in POINT VENTURE, 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