18905 Peckham DR, Point Venture TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $843,555. For a well positioned listing in POINT VENTURE1, I'd target the $604,000 to $614,000 range. Among the similar homes currently available in POINT VENTURE1, this price point stands out as competitive. Being 454 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.28 acres, the lot is smaller than the 0.66 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in POINT VENTURE1; a buyer's market based on recent absorption. Recent trends in 78645 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 19045 Venture DR, Point Venture TX 78645, with an adjusted value of $650,775; a strong comparable. 7 comparable transactions in POINT VENTURE1 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