Reviewing the most recent comparable transactions, this home's market value falls around $285,831. For a well positioned listing in POINT VENTURE2, I'd target the $201,000 to $211,000 range. Among the similar homes currently available in POINT VENTURE2, this price point stands out as competitive. This home's smaller footprint (526 sqft vs the comp average) plays a role in how the market prices it. At 0.16 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Buyers in POINT VENTURE2 have 5 comparable options right now, with asking prices between $186,000 and $250,000. Recent trends in POINT VENTURE2 show home values have risen 3.7% since 6 months ago. The most comparable recent sale is 302 Southwind RD, Lago Vista TX 78645, with an adjusted value of $326,800; with a larger floor plan. 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
