19003 Lakeridge CIR, Point Venture TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $357,569. For a well positioned listing in POINT VENTURE, I'd target the $261,000 to $271,000 range. Against 7 similar active listings in POINT VENTURE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (186 sqft vs the comp average) plays a role in how the market prices it. The 2004 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in POINT VENTURE; a buyer's market based on recent absorption. Recent trends in POINT VENTURE show home values have fallen 23.6% since 6 months ago. The most comparable recent sale is 721 Cedar DR, Point Venture TX 78645, with an adjusted value of $375,074; with a larger floor plan. 3 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