7404 Reed DR, Volente TX 78641

Based on 7 closed sales in LAKE, the data points to a value around $636,847 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $444,000 to $454,000. Relative to what's currently available in LAKE, this home would be below the only comparable home currently on the market. The 464 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1950 (50 years older than comps) is factored into the value estimate. There are currently 1 similar homes on the market in LAKE, ranging from $445,000 to $445,000. Market data shows LAKE prices fallen 66.7% over the last half year. The closest comparable sale, 15943 Booth CIR, Volente TX 78641 at an adjusted $1,132,560, is with a larger floor plan. 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