5621 Texas Bluebell DR, Spicewood TX 78669

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $462,361. I'd recommend coming to market at $470,000 to $474,000 to strike the right balance between value and market velocity. Among the similar homes currently available in WEST CYPRESS HILLS, this price point stands out as competitive. At 131 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.18 acre lot (smaller than the 0.21 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in WEST CYPRESS HILLS; a buyer's market based on recent absorption. The trend in WEST CYPRESS HILLS shows prices have risen 3.4% in the past 6 months. 5521 Texas Bluebell DR, Spicewood TX 78669 nearby adjusts to $469,879; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group