13607 Overland PASS, Bee Cave TX 78738

The market data from 3 similar recent sales in HOMESTEAD points to a value of approximately $1,094,062. To sell within a reasonable timeframe at fair market value, the $1,061,000 to $1,127,000 range is where I'd position this. Against 1 similar active listings in HOMESTEAD, this price point lands at below the only comparable home currently on the market. The smaller floor plan (146 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.53 acres, the lot is smaller than the 1.57 acre comp average, which factors into pricing. With 1 similar homes currently listed in HOMESTEAD (a seller's market), competition is a factor to consider. In HOMESTEAD, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 5111 Great Divide DR, Bee Cave TX 78738, adjusting to $1,098,149; a strong comparable. 3 comparable transactions in HOMESTEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group