4300 Cypress Canyon TRL, Spicewood TX 78669

Based on 7 closed sales in LICK CREEK RANCH, the data points to a value around $453,004 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $444,000 to $462,000. This home's position in the current LICK CREEK RANCH market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The 285 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1983 (14 years older than comps) is factored into the value estimate. The active market in LICK CREEK RANCH includes 7 comparable homes priced from $349,900 to $1,450,000. Market data shows 78669 prices risen 8.4% over the last half year. The closest comparable sale, 706 Cargill DR, Spicewood TX 78669 at an adjusted $154,292, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LICK CREEK RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group