4905 Backtrail DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $985,468. To generate strong buyer interest while maximizing value, I'd price this between $546,000 and $556,000. In the current CAT MOUNTAIN NORTH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 288 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.38 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. 3 similar homes are currently available in CAT MOUNTAIN NORTH, creating a buyer's market for this price range. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 5206 Backtrail DR, Austin TX 78731 nearby adjusts to $970,628; with a larger floor plan. 3 comparable transactions in CAT MOUNTAIN NORTH 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