The market data from 7 similar recent sales in POINT VENTURE points to a value of approximately $416,639. To sell within a reasonable timeframe at fair market value, the $472,000 to $475,000 range is where I'd position this. In the current POINT VENTURE market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The 186 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 $419,900 and $549,900. In POINT VENTURE, home values have fallen approximately 26.9% over the past 6 months. One of the strongest data points is 18682 Champions CIR, Lago Vista TX 78645, adjusting to $313,623; a strong comparable. 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
