5107 Great Divide DR, Bee Cave TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,071,379. I'd recommend coming to market at $795,000 to $805,000 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 3rd most expensive of 7 comparable homes on the market. At 333 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 5 of 6 comparable homes not offering one. Current inventory shows 7 comparable homes in HOMESTEAD; a seller's market based on recent absorption. The trend in HOMESTEAD shows prices have risen 6.8% in the past 6 months. 5000 High Canyon Pass, Austin TX 78738 nearby adjusts to $958,295; with a smaller floor plan and no pool. Based on 6 relevant data points in HOMESTEAD, 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