6504 Apache Plum LN, Spicewood TX 78669

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $450,828. I'd recommend coming to market at $473,000 to $483,000 to strike the right balance between value and market velocity. Against 2 similar active listings in WEST CYPRESS HILLS, this price point lands at the most affordable of 2 comparable homes on the market. The smaller floor plan (952 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.15 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in WEST CYPRESS HILLS; a balanced market based on recent absorption. The trend in WEST CYPRESS HILLS shows prices have risen 7.5% in the past 6 months. 6517 Apache Plum LN, Spicewood TX 78669 nearby adjusts to $434,637; 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