My analysis of 5 comparable properties puts this home's estimated value at $424,705. Based on how the local market is moving, a list price between $412,000 and $437,000 would position this home well. This would position the home competitively among 3 active listings in POINT VENTURE2. At 296 sqft larger than the typical comp, the size difference factors into the valuation. At 6 years older than typical comps, the 2009 build date influences the valuation. Buyers in POINT VENTURE2 have 3 comparable options right now, with asking prices between $419,900 and $549,900. The 6 month price trend in POINT VENTURE2: fallen 0.7%. The best comp here is 302 Southwind RD, Lago Vista TX 78645 at an adjusted value of $399,836, with a smaller floor plan. The comp data here (5 sales in POINT VENTURE2) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
