5407 Great Divide DR, Bee Cave TX 78738

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $1,038,113. Pricing this home between $629,000 and $639,000 would put it in the competitive sweet spot for HOMESTEAD. This would position the home competitively among 3 active listings in HOMESTEAD. The larger floor plan (169 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (2.50 acres versus the area average of 1.74) contributes to the valuation. Current inventory shows 3 comparable homes in HOMESTEAD; a seller's market based on recent absorption. Market data shows HOMESTEAD prices risen 6.8% over the last half year. The closest comparable sale, 13601 Lone Rider TRL, Austin TX 78738 at an adjusted $1,010,393, is with a larger floor plan. 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