5309 Texas Bluebell DR, Spicewood TX 78669

The market data from 7 similar recent sales in WEST CYPRESS HILLS points to a value of approximately $521,562. To sell within a reasonable timeframe at fair market value, the $539,000 to $540,000 range is where I'd position this. 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. At 105 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 6 comparable homes in WEST CYPRESS HILLS; a buyer's market based on recent absorption. In WEST CYPRESS HILLS, home values have risen approximately 1.7% over the past 6 months. One of the strongest data points is 22409 Rock Wren RD, Spicewood TX 78669, adjusting to $488,279; 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