22200 Red Yucca RD, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $458,985. For a well positioned listing in WEST CYPRESS HILLS, I'd target the $395,000 to $405,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in WEST CYPRESS HILLS. This home's smaller footprint (342 sqft vs the comp average) plays a role in how the market prices it. At 0.27 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. The active market in WEST CYPRESS HILLS includes 5 comparable homes priced from $400,000 to $592,900. Recent trends in WEST CYPRESS HILLS show home values have risen 10.5% since 6 months ago. The most comparable recent sale is 5133 Texas Bluebell DR, Spicewood TX 78669, with an adjusted value of $465,146; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group