The market data from 4 similar recent sales in POINT VENTURE points to a value of approximately $454,349. To sell within a reasonable timeframe at fair market value, the $340,000 to $350,000 range is where I'd position this. In the current POINT VENTURE market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. The 144 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in POINT VENTURE have 5 comparable options right now, with asking prices between $350,000 and $599,000. In POINT VENTURE, home values have risen approximately 5.4% over the past 6 months. One of the strongest data points is 342 Southwind RD, Point Venture TX 78645, adjusting to $406,171; a strong comparable. 4 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