510 Lakeshore CIR, Point Venture TX 78645

The market data from 3 similar recent sales in POINT VENTURE points to a value of approximately $854,424. To sell within a reasonable timeframe at fair market value, the $563,000 to $573,000 range is where I'd position this. With 7 comparable homes on the market in POINT VENTURE, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.13 acres, the lot is larger than the 0.78 acre comp average, which factors into pricing. 7 similar homes are currently available in POINT VENTURE, creating a buyer's market for this price range. In POINT VENTURE, home values have fallen approximately 29.5% over the past 6 months. One of the strongest data points is 316 Lakefront DR, Point Venture TX 78645, adjusting to $1,213,123; with a larger floor plan. 3 comparable transactions in POINT VENTURE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group