22329 Verbena PKWY, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $770,252. For a well positioned listing in WEST CYPRESS HILLS, I'd target the $1,220,000 to $1,252,000 range. In the current WEST CYPRESS HILLS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (595 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. There are currently 7 similar homes on the market in WEST CYPRESS HILLS, ranging from $649,900 to $1,750,000. Recent trends in WEST CYPRESS HILLS show home values have risen 3.4% since 6 months ago. The most comparable recent sale is 22020 Verbena PKWY, Spicewood TX 78669, with an adjusted value of $745,614; with no pool. 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