5017 Great Divide DR, Bee Cave TX 78738

After reviewing 3 recent transactions in HOMESTEAD, I estimate this property's value at $1,486,086. A competitive list price for this home right now would fall in the $867,000 to $877,000 range. This home's position in the current HOMESTEAD market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being 381 sqft larger than the average comparable sale in this area impacts the per square foot value. At 8 years newer than typical comps, the 2014 build date influences the valuation. The active market in HOMESTEAD includes 7 comparable homes priced from $799,000 to $1,699,900. Prices in HOMESTEAD have risen 6.8% over the last 6 months. A similar home at 13404 Saddle Back PASS, Austin TX 78738 carries an adjusted comparable value of $1,680,684, providing a strong data point. The comp data here (3 sales in HOMESTEAD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus