1201 Grande Mesa DR, Georgetown TX 78626

The market data from 5 similar recent sales in LA CONTERRA points to a value of approximately $293,721. To sell within a reasonable timeframe at fair market value, the $330,000 to $339,000 range is where I'd position this. Among the similar homes currently available in LA CONTERRA, this price point stands out as competitive. The 2009 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. 7 similar homes are currently available in LA CONTERRA, creating a buyer's market for this price range. In LA CONTERRA, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 222 Vallecito DR, Georgetown TX 78626, adjusting to $241,080; a strong comparable. 5 comparable transactions in LA CONTERRA 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