311 Southwind RD, Point Venture TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $468,211. For a well positioned listing in POINT VENTURE2, I'd target the $501,000 to $504,000 range. With 3 comparable homes on the market in POINT VENTURE2, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 133 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in POINT VENTURE2; a buyer's market based on recent absorption. Recent trends in 78645 show home values have fallen 9.2% since 6 months ago. The most comparable recent sale is 18514 Staghorn DR, Point Venture TX 78645, with an adjusted value of $491,843; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group