8201 West DR, Volente TX 78641

The market data from 7 similar recent sales in LAKE OF LT points to a value of approximately $1,346,735. To sell within a reasonable timeframe at fair market value, the $1,940,000 to $2,595,000 range is where I'd position this. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in LAKE OF LT. Being 823 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.99 acres, the lot is smaller than the 3.08 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in LAKE OF LT, listed between $1,709,500 and $3,990,000. In 78641, home values have fallen approximately 0.4% over the past 6 months. One of the strongest data points is 8295 Lime Creek RD, Volente TX 78641, adjusting to $1,297,853; with a smaller floor plan. 7 comparable transactions in LAKE OF LT 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