5408 Cypress Ranch BLVD, Spicewood TX 78669

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $688,649. Pricing this home between $675,000 and $702,000 would put it in the competitive sweet spot for WEST CYPRESS HILLS. Relative to what's currently available in WEST CYPRESS HILLS, this home would be the most affordable of 7 comparable homes on the market. The 721 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.32 acres versus the area average of 0.22) contributes to the valuation. With 7 similar homes currently listed in WEST CYPRESS HILLS (a balanced market), competition is a factor to consider. Market data shows WEST CYPRESS HILLS prices risen 8.8% over the last half year. The closest comparable sale, 22112 Rock Wren RD, Spicewood TX 78669 at an adjusted $697,716, is with a smaller floor plan. The comp data here (5 sales in WEST CYPRESS HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus