5203 Backtrail DR, Austin TX 78731

The comparable sales data (3 recent transactions in CAT MOUNTAIN NORTH) supports an estimated value of $1,164,901. The data suggests a list price between $1,210,000 and $1,275,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in CAT MOUNTAIN NORTH's current inventory. The 190 sqft size difference versus comparable sales is reflected in the adjusted values. 3 similar homes are currently available in CAT MOUNTAIN NORTH, creating a buyer's market for this price range. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 6302 Gato PATH, Austin TX 78731 carries an adjusted comparable value of $937,165, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in CAT MOUNTAIN NORTH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group