My analysis of 6 comparable properties puts this home's estimated value at $1,057,360. Based on how the local market is moving, a list price between $1,036,000 and $1,079,000 would position this home well. This pricing would rank the home as no active comparable homes on the market in POINT VENTURE's current inventory. The smaller lot (0.26 acres versus the area average of 0.68) contributes to the valuation. The 6 month price trend in POINT VENTURE: fallen 4.1%. The best comp here is 405 Venture BLVD S, Point Venture TX 78645 at an adjusted value of $624,036, with a larger floor plan. The comp data here (6 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
