4204 Cat Mountain DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,523,534. I'd recommend coming to market at $1,630,000 to $1,666,000 to strike the right balance between value and market velocity. Against 3 similar active listings in 78731, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 1 of 7 comparable homes not offering one. Right now, 3 similar properties are competing for buyers in 78731, listed between $1,450,000 and $1,675,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 3707 Laurel Ledge LN, Austin TX 78731 nearby adjusts to $1,666,417; with a larger floor plan and no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group