5500 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 $617,577. I'd recommend coming to market at $605,000 to $630,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in WEST CYPRESS HILLS, this price positions the property as the most expensive of 4 comparable homes on the market. The 0.39 acre lot (larger than the 0.23 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in WEST CYPRESS HILLS, ranging from $519,000 to $599,000. The trend in WEST CYPRESS HILLS shows prices have risen 8.2% in the past 6 months. 21824 Rock Wren RD, Spicewood TX 78669 nearby adjusts to $629,254; with a larger floor plan. Based on 7 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