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As an appraiser, I compare items on a per amenity basis to derive a value of a certain item. So you would not want to base your comparison on the price per sqft to derive the lake view value. The best way to derive this will be to find a house that sold with a similar lake view to the house you are interested in. Now find another house that is similar to the house but one that does not have a lake view. In comparing these house you will determine the value the lake view adds. If you could find three of four sales with lake views and compare to other non lake view sales you can develop a range of value. This is how it is done by appraisers to determine proper market value adjustments. Enjoy your house search!
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For Sale: $290,000
For Sale: $249,900
For Sale: $379,900