22225 Red Yucca RD, Spicewood TX 78669

The market data from 7 similar recent sales in WEST CYPRESS HILLS points to a value of approximately $579,125. To sell within a reasonable timeframe at fair market value, the $607,000 to $611,000 range is where I'd position this. With 5 comparable homes on the market in WEST CYPRESS HILLS, this price positions the property as the most affordable of 5 comparable homes on the market. The 2008 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in WEST CYPRESS HILLS; a buyer's market based on recent absorption. In WEST CYPRESS HILLS, home values have risen approximately 4.2% over the past 6 months. One of the strongest data points is 21824 Rock Wren RD, Spicewood TX 78669, adjusting to $584,090; a strong comparable. 7 comparable transactions in WEST CYPRESS HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group