5513 Cypress Ranch BLVD, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $710,045. For a well positioned listing in WEST CYPRESS HILLS, I'd target the $742,000 to $806,000 range. Against 3 similar active listings in WEST CYPRESS HILLS, this price point lands at the most affordable of 3 comparable homes on the market. This home's larger footprint (431 sqft vs the comp average) plays a role in how the market prices it. At 0.33 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in WEST CYPRESS HILLS, ranging from $675,000 to $1,150,000. Recent trends in WEST CYPRESS HILLS show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 22020 Verbena PKWY, Spicewood TX 78669, with an adjusted value of $672,546; with a larger floor plan. 7 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