5404 Cypress Ranch, Spicewood TX 78669

Spicewood, TX 78669 | West Cypress | Built by Wilshire Homes

Ed's Opinion of Value

$465,089 Ed's Estimate: $517,053 $975,000
Lowest Comp Recommended List: $867,000 to $901,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $517,053. Pricing this home between $867,000 and $901,000 would put it in the competitive sweet spot for WEST CYPRESS. This home's position in the current WEST CYPRESS market: the most affordable of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. 7 similar homes are currently available in WEST CYPRESS, creating a buyer's market for this price range. Market data shows 78669 prices risen 18.5% over the last half year. The closest comparable sale, 22112 Rose Grass LN, Spicewood TX 78669 at an adjusted $477,593, is a strong comparable. With 7 comparable sales in WEST CYPRESS, 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
5 Beds
4 Baths
3,457 Sq Ft

Location

Property Details

Property Type Residential
County Travis
MLS # 4976162

Listing History

MLS# 4976162 40 days
Sep 8, 2014 Off Market
Jan 27, 2014 Listed $407,061

Frequently Asked Questions About 5404 Cypress Ranch, Spicewood TX 78669

How much does 5404 Cypress Ranch, Spicewood TX 78669 cost?

5404 Cypress Ranch, Spicewood TX 78669 sold on September 8, 2014. Contact us for sale price details.

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