5200 Backtrail DR, Austin TX 78731

After reviewing 7 recent transactions in CAT MOUNTAIN NORTH, I estimate this property's value at $1,749,733. A competitive list price for this home right now would fall in the $1,265,000 to $1,275,000 range. This would position the home competitively among 7 active listings in CAT MOUNTAIN NORTH. At 129 sqft larger than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 3 of the 7 comps lacked one. With 7 similar homes currently listed in CAT MOUNTAIN NORTH (a buyer's market), competition is a factor to consider. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 6905 Ladera Norte, Austin TX 78731 carries an adjusted comparable value of $1,841,411, providing a strong data point. The comp data here (7 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