6202 CAT MOUNTAIN CV, Austin TX 78731

Based on 3 closed sales in 78731, the data points to a value around $1,678,088 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,167,000 to $1,177,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in 78731's current inventory. The 438 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.71 acres versus 0.38 for the typical comp. With 7 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 4011 SIERRA DR, Austin TX 78731 at an adjusted $1,631,748, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in 78731. 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