5201 Cypress Ranch BLVD, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $608,922. For a well positioned listing in WEST CYPRESS HILLS, I'd target the $610,000 to $616,000 range. In the current WEST CYPRESS HILLS market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. Being 398 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.42 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. 6 similar homes are currently available in WEST CYPRESS HILLS, creating a buyer's market for this price range. Recent trends in WEST CYPRESS HILLS show home values have risen 4.9% since 6 months ago. The most comparable recent sale is 21932 Agarito LN, Spicewood TX 78669, with an adjusted value of $677,634; with a larger floor plan and a pool. 6 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