22228 Red Yucca RD, Spicewood TX 78669

The market data from 6 similar recent sales in WEST CYPRESS HILLS points to a value of approximately $531,724. To sell within a reasonable timeframe at fair market value, the $558,000 to $577,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in WEST CYPRESS HILLS. This home's larger footprint (132 sqft vs the comp average) plays a role in how the market prices it. The 2009 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 fallen approximately 0.4% over the past 6 months. One of the strongest data points is 22300 Verbena PKWY, Spicewood TX 78669, adjusting to $535,529; with a smaller floor plan. The 6 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