5308 Cypress Ranch BLVD, Spicewood TX 78669

My analysis of 5 comparable properties puts this home's estimated value at $693,933. Based on how the local market is moving, a list price between $1,013,000 and $1,257,000 would position this home well. This home's position in the current WEST CYPRESS HILLS market: the most affordable of 7 comparable homes on the market among comparable properties. Being 842 sqft larger than the average comparable sale in this area impacts the per square foot value. At 6 years older than typical comps, the 2005 build date influences the valuation. Right now, 7 similar properties are competing for buyers in WEST CYPRESS HILLS, listed between $895,000 and $3,399,000. The 6 month price trend in WEST CYPRESS HILLS: risen 8.6%. The best comp here is 22112 Rock Wren RD, Spicewood TX 78669 at an adjusted value of $656,425, with a smaller floor plan. With 5 comparable sales in WEST CYPRESS HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group