5320 Cypress Ranch BLVD, Spicewood TX 78669

The estimated value of this property is $622,853, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $610,000 and $635,000. Among the similar homes currently available in WEST CYPRESS HILLS, this price point stands out as competitive. The 133 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2005, this home is 6 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in WEST CYPRESS HILLS (a seller's market), competition is a factor to consider. Recent trends in WEST CYPRESS HILLS show home values have risen 8.2% since 6 months ago. The most comparable recent sale is 22112 Rock Wren RD, Spicewood TX 78669, with an adjusted value of $587,227; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group