4505 Cat Mountain DR, Austin TX 78731

The market data from 7 similar recent sales in NORTHWEST HILLS CAT MOUNTAIN points to a value of approximately $1,464,897. To sell within a reasonable timeframe at fair market value, the $1,112,000 to $1,122,000 range is where I'd position this. Against 4 similar active listings in NORTHWEST HILLS CAT MOUNTAIN, this price point lands at the most expensive of 4 comparable homes on the market. This home's larger footprint (177 sqft vs the comp average) plays a role in how the market prices it. At 0.44 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in NORTHWEST HILLS CAT MOUNTAIN; a balanced market based on recent absorption. In 78731, home values have risen approximately 0.5% over the past 6 months. One of the strongest data points is 7643 Parkview CIR, Austin TX 78731, adjusting to $1,571,281; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group