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Watson Place Subdivision in West Monroe, LA - Great West Monroe homes under $250,000
Watson Place Subdivision in West Monroe, LA - Great West Monroe homes under $250,000
West Monroe, LA is one of the most desirable cities in Northeast Louisiana. Ever growing, but still having a small town feel, West Monroe features some great neighborhoods and Watson Place Subdivision is one of them. Homes in this neighborhood are still in very close to new condition. Jonathon Hill Construction and Kovac Construction are just two of the builders that have built homes in this location.
Since the beginning of 2010, there have been 4 resold homes in Watson Place. These homes were listed at an average of $120.41 per heated square foot and sold for an average of $119.33 per square foot. That's a whopping 99% of the asking price!
This market area is great for sellers because of the steady rate of appreciation in the area. Even if you've only been in your home for 2 or 3 years, you can still sell for a profit in this area.
This is also great news for buyers for two reasons. First, interest rates are so low right now that you can literally buy one of these homes for quite a bit more than the original ... more

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