5207 Backtrail DR, Austin TX 78731

The estimated value of this property is $1,175,163, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $888,000 and $898,000. With 6 comparable homes on the market in CAT MOUNTAIN NORTH, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The smaller floor plan (162 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.35 acre lot (larger than the 0.32 acre average) is reflected in the estimate. There are currently 6 similar homes on the market in CAT MOUNTAIN NORTH, ranging from $850,000 to $1,335,000. Recent trends in 78731 show home values have fallen 14.4% since 6 months ago. The most comparable recent sale is 4328 Far West BLVD, Austin TX 78731, with an adjusted value of $1,279,518; a strong comparable. Based on 4 relevant data points in CAT MOUNTAIN NORTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX