After reviewing 3 recent transactions in POINT VENTURE, I estimate this property's value at $546,763. A competitive list price for this home right now would fall in the $836,000 to $857,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in POINT VENTURE's current inventory. This home's larger footprint (466 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.29 acres versus the area average of 0.26) contributes to the valuation. There are currently 7 similar homes on the market in POINT VENTURE, ranging from $579,900 to $1,489,000. Prices in POINT VENTURE have risen 11.4% over the last 6 months. A similar home at 212 Venture BLVD S, Point Venture TX 78645 carries an adjusted comparable value of $457,132, providing a strong data point. The comp data here (3 sales in POINT VENTURE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus