6405 Cedro CV, Austin TX 78731

The estimated value of this property is $1,505,577, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,171,000 and $1,181,000. Against 3 similar active listings in CAT MOUNTAIN NORTH, this price point lands at the most expensive of 3 comparable homes on the market. This home's smaller footprint (185 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 2 of 6 comparable homes not offering one. The active market in CAT MOUNTAIN NORTH includes 3 comparable homes priced from $950,000 to $1,675,000. 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 $1,108,135; with a smaller floor plan and no pool. With 6 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