4507 Cat Mountain DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,528,039. To generate strong buyer interest while maximizing value, I'd price this between $1,284,000 and $1,294,000. With 3 comparable homes on the market in 78731, this price positions the property as the most expensive of 3 comparable homes on the market. The 1980 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.43 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 78731, listed between $1,200,000 and $1,400,000. The trend in 78731 shows prices have fallen 7% in the past 6 months. 6601 Knollwood CV, Austin TX 78731 nearby adjusts to $1,172,571; with a pool. 7 comparable transactions in 78731 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group