5100 Backtrail DR, Austin TX 78731

My analysis of 4 comparable properties puts this home's estimated value at $1,162,665. Based on how the local market is moving, a list price between $997,000 and $1,007,000 would position this home well. This home's position in the current CAT MOUNTAIN NORTH market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. This home's larger footprint (157 sqft vs the comp average) plays a role in how the market prices it. There are currently 4 similar homes on the market in CAT MOUNTAIN NORTH, ranging from $950,000 to $1,300,000. The 6 month price trend in 78731: fallen 15.3%. The best comp here is 6302 Gato PATH, Austin TX 78731 at an adjusted value of $918,260, a strong comparable. The comp data here (4 sales in CAT MOUNTAIN NORTH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus