5316 Cardinal Flower Cove CV, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $566,680. For a well positioned listing in WEST CYPRESS HILLS, I'd target the $815,000 to $869,000 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. At 286 sqft larger than the typical comp, the size difference factors into the valuation. At 0.08 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. 7 similar homes are currently available in WEST CYPRESS HILLS, creating a balanced market for this price range. Recent trends in WEST CYPRESS HILLS show home values have risen 9.8% since 6 months ago. The most comparable recent sale is 6421 Apache Plum LN, Spicewood TX 78669, with an adjusted value of $563,383; with a larger floor plan. 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