5304 Cypress Ranch BLVD, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $710,498. For a well positioned listing in WEST CYPRESS HILLS, I'd target the $1,176,000 to $1,332,000 range. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in WEST CYPRESS HILLS. The 632 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 8 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in WEST CYPRESS HILLS, ranging from $825,000 to $1,500,000. Recent trends in WEST CYPRESS HILLS show home values have risen 2.2% since 6 months ago. The most comparable recent sale is 22020 Verbena PKWY, Spicewood TX 78669, with an adjusted value of $685,851; a strong comparable. The 7 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