The estimated value of this property is $338,964, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $367,000 and $372,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in LA CONTERRA. Being 117 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2010, this home is 5 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in LA CONTERRA, listed between $314,995 and $398,000. Recent trends in LA CONTERRA show home values have risen 5.2% since 6 months ago. The most comparable recent sale is 222 Vallecito DR, Georgetown TX 78626, with an adjusted value of $278,877; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
