Based on what similar homes have actually sold for within a mile, I'd place this property's value at $578,588. I'd recommend coming to market at $540,000 to $593,000 to strike the right balance between value and market velocity. Among the similar homes currently available in POINT VENTURE1, this price point stands out as competitive. Right now, 3 similar properties are competing for buyers in POINT VENTURE1, listed between $469,000 and $549,900. The trend in 78645 shows prices have fallen 3.4% in the past 6 months. 18401 Valley Hill LN, Point Venture TX 78645 nearby adjusts to $539,652; a strong comparable. Based on 3 relevant data points in POINT VENTURE1, 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
