5613 Cypress Ranch BLVD, Spicewood TX 78669

After reviewing 4 recent transactions in WEST CYPRESS HILLS, I estimate this property's value at $598,121. A competitive list price for this home right now would fall in the $595,000 to $609,000 range. This home's position in the current WEST CYPRESS HILLS market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. At 6 years newer than typical comps, the 2018 build date influences the valuation. The larger lot (0.31 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 5 comparable homes in WEST CYPRESS HILLS; a buyer's market based on recent absorption. Prices in WEST CYPRESS HILLS have risen 2.2% over the last 6 months. A similar home at 22409 Rock Wren RD, Spicewood TX 78669 carries an adjusted comparable value of $574,521, providing a strong data point. The comp data here (4 sales in WEST CYPRESS HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus