Reviewing the most recent comparable transactions, this home's market value falls around $1,065,133. For a well positioned listing in POINT VENTURE, I'd target the $676,000 to $686,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in POINT VENTURE. At 331 sqft larger than the typical comp, the size difference factors into the valuation. The 1999 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in POINT VENTURE have 7 comparable options right now, with asking prices between $675,000 and $1,699,000. Recent trends in POINT VENTURE show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 316 Lakefront DR, Point Venture TX 78645, with an adjusted value of $1,583,334; with a smaller floor plan. 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
