6404 Ladera Norte, Austin TX 78731

The estimated value of this property is $1,541,221, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,175,000 and $1,185,000. In the current CAT MOUNTAIN NORTH market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 121 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 2 of 5 comparable homes not offering one. Current inventory shows 5 comparable homes in CAT MOUNTAIN NORTH; a buyer's market based on recent absorption. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 6302 Gato PATH, Austin TX 78731, with an adjusted value of $1,093,681; with a smaller floor plan and no pool. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group