18705 Lakeland DR, Point Venture TX 78645

The market data from 7 similar recent sales in POINT VENTURE points to a value of approximately $803,189. To sell within a reasonable timeframe at fair market value, the $948,000 to $1,355,000 range is where I'd position this. Among the similar homes currently available in POINT VENTURE, this price point stands out as competitive. Being 645 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2013 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in POINT VENTURE; a buyer's market based on recent absorption. In POINT VENTURE, home values have fallen approximately 29.5% over the past 6 months. One of the strongest data points is 316 Lakefront DR, Point Venture TX 78645, adjusting to $1,355,053; a strong comparable. 7 comparable transactions in POINT VENTURE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group