5312 Cardinal Flower CV, Spicewood TX 78669

After reviewing 7 recent transactions in WEST CYPRESS HILLS, I estimate this property's value at $501,505. A competitive list price for this home right now would fall in the $545,000 to $547,000 range. Relative to what's currently available in WEST CYPRESS HILLS, this home would be the most affordable of 7 comparable homes on the market. Being 117 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.06 acres versus the area average of 0.21) contributes to the valuation. There are currently 7 similar homes on the market in WEST CYPRESS HILLS, ranging from $499,900 to $625,000. Prices in WEST CYPRESS HILLS have risen 3.4% over the last 6 months. A similar home at 22409 Rock Wren RD, Spicewood TX 78669 carries an adjusted comparable value of $473,477, providing a strong data point. With 7 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