5301 Great Divide DR, Bee Cave TX 78738

My analysis of 3 comparable properties puts this home's estimated value at $873,093. Based on how the local market is moving, a list price between $609,000 and $619,000 would position this home well. This pricing would rank the home as the most expensive of 2 comparable homes on the market in HOMESTEAD's current inventory. At 196 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (2.19 acres versus the area average of 1.83) contributes to the valuation. Right now, 2 similar properties are competing for buyers in HOMESTEAD, listed between $589,900 and $875,000. The 6 month price trend in HOMESTEAD: risen 6.8%. The best comp here is 5308 Great Divide DR, Bee Cave TX 78738 at an adjusted value of $1,056,451, with a larger floor plan and a pool. 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