5417 Texas Bluebell DR, Spicewood TX 78669

The market data from 6 similar recent sales in WEST CYPRESS HILLS points to a value of approximately $520,380. To sell within a reasonable timeframe at fair market value, the $547,000 to $549,000 range is where I'd position this. With 5 comparable homes on the market in WEST CYPRESS HILLS, this price positions the property as the most affordable of 5 comparable homes on the market. The larger floor plan (272 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in WEST CYPRESS HILLS, creating a buyer's market for this price range. In WEST CYPRESS HILLS, home values have risen approximately 1.7% over the past 6 months. One of the strongest data points is 22409 Rock Wren RD, Spicewood TX 78669, adjusting to $483,081; with a smaller floor plan. 6 comparable transactions in WEST CYPRESS HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group