The comparable sales data (7 recent transactions in LA CONTERRA) supports an estimated value of $349,923. The data suggests a list price between $376,000 and $390,000 would attract qualified buyers without leaving money on the table. Buyers shopping in LA CONTERRA right now would see this as a well positioned option among 7 comparable homes. The smaller floor plan (135 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2008 (6 years older than comps) is factored into the value estimate. 7 similar homes are currently available in LA CONTERRA, creating a buyer's market for this price range. Prices in LA CONTERRA have fallen 1.9% over the last 6 months. A similar home at 226 Vallecito DR, Georgetown TX 78626 carries an adjusted comparable value of $306,950, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in LA CONTERRA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group