511 Lakeland CIR, Point Venture TX 78645

After reviewing 4 recent transactions in POINT VENTURE, I estimate this property's value at $547,302. A competitive list price for this home right now would fall in the $720,000 to $826,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in POINT VENTURE's current inventory. The 291 sqft size difference versus comparable sales is reflected in the adjusted values. At 11 years older than typical comps, the 1987 build date influences the valuation. Current inventory shows 7 comparable homes in POINT VENTURE; a buyer's market based on recent absorption. Prices in POINT VENTURE have fallen 29.5% over the last 6 months. A similar home at 18906 Venture DR, Point Venture TX 78645 carries an adjusted comparable value of $547,732, 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