6604 Apache Plum LN, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $450,843. Based on how the local market is moving, a list price between $473,000 and $483,000 would position this home well. Relative to what's currently available in WEST CYPRESS HILLS, this home would be the most affordable of 2 comparable homes on the market. This home's smaller footprint (952 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.15 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 2 comparable homes in WEST CYPRESS HILLS; a balanced market based on recent absorption. The 6 month price trend in WEST CYPRESS HILLS: risen 7.4%. The best comp here is 6517 Apache Plum LN, Spicewood TX 78669 at an adjusted value of $434,637, with a larger floor plan. With 7 comparable sales in WEST CYPRESS HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group