Contractor gave you those numbers, huh? Ask them to guarantee it in writing and see how quickly they back-peddle on you.
I have a neighbor (I live in Lakes of La Cima, too) who sold their home on Monticello Drive giving away the entire $85,000 he spent on outdoor living and sport court. The neighbor across the street from me just sold their home at a small profit with pool, spa, waterfall, and outdoor living. If you are lucky enough to sell to a buyer from out of state, who seem to really value those outdoor living amenities, you may get some return on your investment, but I seriously doubt $2-$1 right now. We've had some short sales and foreclosures in Prosper, just like the rest of the region.
The good news is that Prosper is in a good inventory position in the $300k-500k price range. You have the lowest inventory levels we've seen since 2007 in resale or in new construction right now. And, we have documented resale sales in Lakes of La Cima as high as $460k's on the Newcastle Homes. You couldn't ask for a better listing time than right now in our neighborhood - whether you have the full-blown outdoor living or you sell with just the covered patio that came with your Newcastle home.
Let me know if you want to talk specifics. I'm in the neighborhood.
Have a blessed day!
Ronda Allen, Realtor and C.P.M.
CEO of comingsoonhomes.com
RE/MAX Dallas Suburbs
972-816-4369 7am-7pm Monday through Saturday and 12-5pm, by appt., Sundays... more