5416 Cypress Ranch BLVD, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $690,441. To generate strong buyer interest while maximizing value, I'd price this between $697,000 and $757,000. Against 1 similar active listings in WEST CYPRESS HILLS, this price point lands at below the only comparable home currently on the market. Being 754 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2004 construction puts this home 7 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in WEST CYPRESS HILLS, ranging from $1,099,000 to $1,099,000. The trend in WEST CYPRESS HILLS shows prices have risen 4.4% in the past 6 months. 21824 Rock Wren RD, Spicewood TX 78669 nearby adjusts to $672,932; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group