1021 & 1023 Lakeshore LOOP, Tow TX 78672

Based on 7 closed sales in PARADISE POINT, the data points to a value around $390,345 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $383,000 to $398,000. Buyers shopping in PARADISE POINT right now would see this as a well positioned option among 2 comparable homes. The smaller floor plan (666 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.73 acres versus 0.26 for the typical comp. Current inventory shows 2 comparable homes in PARADISE POINT; based on recent absorption. Market data shows PARADISE POINT prices risen 27.4% over the last half year. The closest comparable sale, 919 Lakeshore LOOP, Tow TX 78672 at an adjusted $411,679, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in PARADISE POINT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group