After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $494,822. Pricing this home between $335,000 and $345,000 would put it in the competitive sweet spot for POINT VENTURE. Buyers shopping in POINT VENTURE right now would see this as a well positioned option among 6 comparable homes. The larger floor plan (280 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 6 similar properties are competing for buyers in POINT VENTURE, listed between $335,000 and $565,000. Market data shows POINT VENTURE prices fallen 20.9% over the last half year. The closest comparable sale, 18906 Venture DR, Point Venture TX 78645 at an adjusted $479,161, is a strong comparable. With 4 comparable sales in POINT VENTURE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
