5617 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 $587,614. I'd recommend coming to market at $585,000 to $590,000 to strike the right balance between value and market velocity. In the current WEST CYPRESS HILLS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 131 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.31 acre lot (larger than the 0.26 acre average) is reflected in the estimate. Buyers in WEST CYPRESS HILLS have 3 comparable options right now, with asking prices between $519,000 and $599,000. The trend in WEST CYPRESS HILLS shows prices have risen 9.8% in the past 6 months. 6336 Cypress Ranch BLVD, Spicewood TX 78669 nearby adjusts to $619,373; a strong comparable. Based on 6 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