After reviewing 4 recent transactions in POINT VENTURE, I estimate this property's value at $521,651. A competitive list price for this home right now would fall in the $797,000 to $865,000 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 (326 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in POINT VENTURE, ranging from $579,900 to $1,299,000. Prices in POINT VENTURE have fallen 29.5% over the last 6 months. A similar home at 212 Venture BLVD S, Point Venture TX 78645 carries an adjusted comparable value of $457,173, providing a strong data point. The comp data here (4 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