508 Demarett DR # 5, Point Venture TX 78645

Based on 7 closed sales in POINT VENTURE, the data points to a value around $188,553 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $288,000 to $299,000. This would position the home competitively among 7 active listings in POINT VENTURE. Being built in 1972 (18 years older than comps) is factored into the value estimate. Lot size matters here: 0.04 acres versus 0.11 for the typical comp. Right now, 7 similar properties are competing for buyers in POINT VENTURE, listed between $250,000 and $390,000. Market data shows POINT VENTURE prices fallen 29.5% over the last half year. The closest comparable sale, 505 Demarett DR # 12, Point Venture TX 78645 at an adjusted $117,000, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in POINT VENTURE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group