5203 Great Divide DR, Bee Cave TX 78738

The estimated value of this property is $1,034,969, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $610,000 and $620,000. Against 7 similar active listings in HOMESTEAD, this price point lands at the most expensive of 7 comparable homes on the market. The larger floor plan (160 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.97 acre lot (smaller than the 1.31 acre average) is reflected in the estimate. The active market in HOMESTEAD includes 7 comparable homes priced from $580,000 to $1,099,000. Recent trends in HOMESTEAD show home values have risen 20.1% since 6 months ago. The most comparable recent sale is 5000 High Canyon Pass, Austin TX 78738, with an adjusted value of $919,766; with a smaller floor plan. With 4 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