7406 Reed DR, Volente TX 78641

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $780,434. To generate strong buyer interest while maximizing value, I'd price this between $765,000 and $796,000. In the current LAKE market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 1952 construction puts this home 36 years older than the comp average, a factor in the pricing. At 1.60 acres, the lot is larger than the 0.43 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in LAKE, ranging from $749,900 to $749,900. The trend in LAKE shows prices have fallen 13.1% in the past 6 months. 15943 Booth CIR, Volente TX 78641 nearby adjusts to $1,185,287; with a larger floor plan. 7 comparable transactions in LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group