5317 Cypress Ranch BLVD, Spicewood TX 78669

After reviewing 3 recent transactions in WEST CYPRESS HILLS, I estimate this property's value at $662,375. A competitive list price for this home right now would fall in the $643,000 to $682,000 range. Relative to what's currently available in WEST CYPRESS HILLS, this home would be the 2nd least expensive of 5 comparable homes on the market. At 7 years older than typical comps, the 2005 build date influences the valuation. The larger lot (0.31 acres versus the area average of 0.22) contributes to the valuation. The active market in WEST CYPRESS HILLS includes 5 comparable homes priced from $619,000 to $1,150,000. Prices in WEST CYPRESS HILLS have risen 2.6% over the last 6 months. A similar home at 22112 Rock Wren RD, Spicewood TX 78669 carries an adjusted comparable value of $643,042, providing a strong data point. With 3 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