The comparable sales data (3 recent transactions in POINT VENTURE2) supports an estimated value of $259,795. The data suggests a list price between $252,000 and $268,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in POINT VENTURE2, this home would be the most affordable of 4 comparable homes on the market. The smaller floor plan (133 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 4 similar properties are competing for buyers in POINT VENTURE2, listed between $320,000 and $450,000. Prices in POINT VENTURE2 have risen 4.3% over the last 6 months. A similar home at 18631 CHAMPIONS CIR, Point Venture TX 78645 carries an adjusted comparable value of $204,104, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus