The estimated value of this property is $313,710, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $307,000 and $320,000. Against 4 similar active listings in POINT VENTURE2, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Right now, 4 similar properties are competing for buyers in POINT VENTURE2, listed between $335,000 and $415,000. Recent trends in 78645 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 418 N Summit Ridge DR N, Lago Vista TX 78645, with an adjusted value of $368,200; with a larger floor plan. Based on 3 relevant data points in POINT VENTURE2, 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