5213 Texas Bluebell, Spicewood TX 78669

The market data from 6 similar recent sales in WEST CYPRESS HILLS points to a value of approximately $597,594. To sell within a reasonable timeframe at fair market value, the $626,000 to $667,000 range is where I'd position this. Against 4 similar active listings in WEST CYPRESS HILLS, this price point lands at the most affordable of 4 comparable homes on the market. The 252 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in WEST CYPRESS HILLS; a balanced market based on recent absorption. In WEST CYPRESS HILLS, home values have risen approximately 8.8% over the past 6 months. One of the strongest data points is 22104 Verbena PKWY, Spicewood TX 78669, adjusting to $586,747; a strong comparable. 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