5301 Great Divide DR, Bee Cave TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $867,834. For a well positioned listing in HOMESTEAD, I'd target the $442,000 to $452,000 range. 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 (174 sqft compared to the average comp) is a meaningful differentiator in this price range. At 2.20 acres, the lot is larger than the 1.83 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in HOMESTEAD, ranging from $425,000 to $1,699,000. Recent trends in HOMESTEAD show home values have risen 6.8% since 6 months ago. The most comparable recent sale is 5308 Great Divide DR, Bee Cave TX 78738, with an adjusted value of $1,053,606; with a larger floor plan and a pool. 3 comparable transactions in HOMESTEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group