531 Demarett DR # 25, Point Venture TX 78645

Based on 7 closed sales in POINT VENTURE, the data points to a value around $321,418 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $357,000 to $374,000. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in POINT VENTURE's current inventory. Being built in 1972 (26 years older than comps) is factored into the value estimate. Lot size matters here: 0.04 acres versus 0.23 for the typical comp. With 6 similar homes currently listed in POINT VENTURE (a buyer's market), competition is a factor to consider. Market data shows POINT VENTURE prices risen 8.5% over the last half year. The closest comparable sale, 203 S Venture BLVD, Point Venture TX 78645 at an adjusted $239,157, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus