15961 Booth CIR, Volente TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $721,542. For a well positioned listing in LAKE, I'd target the $1,028,000 to $1,034,000 range. In the current LAKE market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. This home's larger footprint (467 sqft vs the comp average) plays a role in how the market prices it. At 0.27 acres, the lot is smaller than the 0.82 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAKE (a buyer's market), competition is a factor to consider. Recent trends in 78641 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 17708 North ST, Lago Vista TX 78645, with an adjusted value of $808,235; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group