5 recent sales within a few blocks of this address suggest a current value of $560,755. My recommended list price range for this property would be $550,000 to $572,000. In the current POINT VENTURE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 574 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2008, this home is 5 years newer than the average comp, which is reflected in the adjustments. Buyers in POINT VENTURE have 7 comparable options right now, with asking prices between $535,000 and $1,750,000. In POINT VENTURE, home values have fallen approximately 30% over the past 6 months. One of the strongest data points is 19045 Venture DR, Point Venture TX 78645, adjusting to $666,034; with a larger floor plan. Based on 5 relevant data points in POINT VENTURE, 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
