5405 Cypress Ranch BLVD, Spicewood TX 78669

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $620,150. I'd recommend coming to market at $608,000 to $633,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in WEST CYPRESS HILLS. Being 243 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 6 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in WEST CYPRESS HILLS (a seller's market), competition is a factor to consider. The trend in WEST CYPRESS HILLS shows prices have risen 8.2% in the past 6 months. 21932 Agarito LN, Spicewood TX 78669 nearby adjusts to $682,994; with a pool. Based on 5 relevant data points in WEST CYPRESS HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX