5315 Backtrail DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,443,883. For a well positioned listing in CAT MOUNTAIN NORTH, I'd target the $1,484,000 to $1,521,000 range. Among the similar homes currently available in CAT MOUNTAIN NORTH, this price point stands out as competitive. The 176 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.50 acres, the lot is larger than the 0.40 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in CAT MOUNTAIN NORTH, listed between $1,200,000 and $1,450,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 6400 Cedro CV, Austin TX 78731, with an adjusted value of $1,535,989; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group