I love my job because I get to help people build wealth through leveraging a basic need, having a roof over their head! And I am so lucky to be in such an amazing market that has helped so many have their home be their best investment and top producing asset.
When I run numbers for clients (like the ones you are about to see below), I can't help buy get excited that my clients are going to make a great decision in their home purchase. And I hope by sharing them on this blog that it will help others make a smart decision when they are deciding which area to make their home purchase.
Year - Average sold price - Averon age $/SF - Average Days Market - (# of Homes in Average)
2014 $206,114 $105.89 54 (410)*
2009 $159,019 $87.51 73 (223)
2004 $137,075 $75.32 76 (336)
Liberty Hill 78642
2014 $292,591 $121.71 64 (154)*
2009 $249,141 $106.22 101 (99)
2004 $176,748 $87.07 87 (107)
*Homes included in the average for 2014 sold within 1/1/2014-11/7//2014
Now, what do you see when you see these averages?
Both cities and zip codes have a positive appreciation trend. And if you bought a home in either area, if the trend continues, you could see the value of your home increase by 50% (in Georgetown) or 65% (in Liberty Hill). Do you see how this is helpful? If you like homes in both of these areas, wouldn't this make you lean more towards Liberty Hill, TX? I know so much goes into making this decision. Yet, the chance of making 15% more in value is a smart move.
I would love to help you make a great decision in your next home purchase. Please call me today or check out my blog with Interview Questions for Buyers Agents (and my answers) or Tips on Choosing the Right Listing Agent.
Laura Ivy Blessing blogs about the Austin, TX known and lesser known happenings with a splash of real estate savvy for today's buyers and sellers. Please call her today to consult and advise you through your next real estate transaction. 512-789-5087 Blessing@KW.com