5412 Cypress Ranch BLVD, Spicewood TX 78669

The estimated value of this property is $668,011, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $655,000 and $681,000. With 7 comparable homes on the market in WEST CYPRESS HILLS, this price positions the property as the most affordable of 7 comparable homes on the market. Being 700 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.34 acre lot (larger than the 0.24 acre average) is reflected in the estimate. The active market in WEST CYPRESS HILLS includes 7 comparable homes priced from $895,000 to $1,750,000. Recent trends in WEST CYPRESS HILLS show home values have risen 8.8% since 6 months ago. The most comparable recent sale is 22112 Rock Wren RD, Spicewood TX 78669, with an adjusted value of $654,321; with a smaller floor plan. With 7 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