5304 Great Divide DR, Bee Cave TX 78738

My analysis of 6 comparable properties puts this home's estimated value at $1,184,127. Based on how the local market is moving, a list price between $709,000 and $719,000 would position this home well. This would position the home competitively among 7 active listings in HOMESTEAD. Having a pool is a plus; 5 of the 6 comps lacked one. The larger lot (2.50 acres versus the area average of 1.62) contributes to the valuation. Current inventory shows 7 comparable homes in HOMESTEAD; a seller's market based on recent absorption. The 6 month price trend in HOMESTEAD: risen 6.8%. The best comp here is 5111 Great Divide DR, Bee Cave TX 78738 at an adjusted value of $1,165,549, with a larger floor plan and no pool. With 6 comparable sales in HOMESTEAD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group