22216 Chipotle PASS, Spicewood TX 78669

The market data from 7 similar recent sales in WEST CYPRESS HILLS points to a value of approximately $524,519. To sell within a reasonable timeframe at fair market value, the $514,000 to $535,000 range is where I'd position this. Against 3 similar active listings in WEST CYPRESS HILLS, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 0.18 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. With 3 similar homes currently listed in WEST CYPRESS HILLS (a balanced market), competition is a factor to consider. In WEST CYPRESS HILLS, home values have risen approximately 8.8% over the past 6 months. One of the strongest data points is 5433 Texas Bluebell DR, Spicewood TX 78669, adjusting to $535,204; a strong comparable. The 7 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