5005 Great Divide DR, Bee Cave TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,215,235. I'd recommend coming to market at $792,000 to $802,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in HOMESTEAD, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (473 sqft vs the comp average) plays a role in how the market prices it. The 2.11 acre lot (larger than the 1.80 acre average) is reflected in the estimate. With 7 similar homes currently listed in HOMESTEAD (a seller's market), competition is a factor to consider. The trend in HOMESTEAD shows prices have risen 6.8% in the past 6 months. 5111 Great Divide DR, Bee Cave TX 78738 nearby adjusts to $1,206,024; with a smaller floor plan. With 6 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