5518 Great Divide DR, Bee Cave TX 78738

Based on 7 closed sales in HOMESTEAD, the data points to a value around $1,394,119 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $745,000 to $755,000. Relative to what's currently available in HOMESTEAD, this home would be the most expensive of 7 comparable homes on the market. The 162 sqft size difference versus comparable sales is reflected in the adjusted values. A pool adds market appeal. Only 7 minus 5 of the comps had one. Buyers in HOMESTEAD have 7 comparable options right now, with asking prices between $699,000 and $1,099,000. Market data shows HOMESTEAD prices risen 14.3% over the last half year. The closest comparable sale, 5111 Great Divide DR, Bee Cave TX 78738 at an adjusted $1,282,697, is with a larger floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in HOMESTEAD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group