5401 Cypress Ranch BLVD, Spicewood TX 78669

Based on 5 closed sales in WEST CYPRESS HILLS, the data points to a value around $533,594 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $545,000 to $550,000. This home's position in the current WEST CYPRESS HILLS market: the most expensive of 5 comparable homes on the market among comparable properties. The 181 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.31 acres versus 0.26 for the typical comp. The active market in WEST CYPRESS HILLS includes 5 comparable homes priced from $525,000 to $1,390,000. Market data shows WEST CYPRESS HILLS prices risen 4.4% over the last half year. The closest comparable sale, 22332 Rock Wren RD, Spicewood TX 78669 at an adjusted $516,596, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in WEST CYPRESS HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group