5313 Cypress Ranch BLVD, Spicewood TX 78669

After reviewing 7 recent transactions in WEST CYPRESS HILLS, I estimate this property's value at $695,930. A competitive list price for this home right now would fall in the $738,000 to $744,000 range. Relative to what's currently available in WEST CYPRESS HILLS, this home would be the most affordable of 4 comparable homes on the market. The 412 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.31 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 4 comparable homes in WEST CYPRESS HILLS; a buyer's market based on recent absorption. Prices in WEST CYPRESS HILLS have risen 1.7% over the last 6 months. A similar home at 5305 Cardinal Flower CV, Spicewood TX 78669 carries an adjusted comparable value of $738,077, 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