205 Summit Ridge DR N, Point Venture TX 78645

The market data from 7 similar recent sales in POINT VENTURE2 points to a value of approximately $357,463. To sell within a reasonable timeframe at fair market value, the $176,000 to $186,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in POINT VENTURE2. The 1985 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in POINT VENTURE2; a buyer's market based on recent absorption. In POINT VENTURE2, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 418 N Summit Ridge DR N, Lago Vista TX 78645, adjusting to $408,353; a strong comparable. 7 comparable transactions in POINT VENTURE2 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