8016 Lakeview ST, Volente TX 78641

The market data from 7 similar recent sales in LAKE points to a value of approximately $699,240. To sell within a reasonable timeframe at fair market value, the $685,000 to $713,000 range is where I'd position this. Among the similar homes currently available in LAKE, this price point stands out as competitive. The 1945 construction puts this home 43 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is smaller than the 0.43 acre comp average, which factors into pricing. With 3 similar homes currently listed in LAKE (a buyer's market), competition is a factor to consider. In LAKE, home values have fallen approximately 13.1% over the past 6 months. One of the strongest data points is 15943 Booth CIR, Volente TX 78641, adjusting to $1,054,563; 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