447 Venture BLVD, Point Venture TX 78645

The estimated value of this property is $524,736, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $402,000 and $412,000. Against 7 similar active listings in FRENCH QUARTER, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 0.12 acre lot (smaller than the 0.29 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in FRENCH QUARTER; a buyer's market based on recent absorption. Recent trends in 78645 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 18401 Valley Hill LN, Point Venture TX 78645, with an adjusted value of $482,218; a strong comparable. Based on 7 relevant data points in FRENCH QUARTER, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX