6407 Cerro CV, Austin TX 78731

The market data from 7 similar recent sales in CAT MOUNTAIN NORTH points to a value of approximately $1,552,306. To sell within a reasonable timeframe at fair market value, the $1,634,000 to $1,679,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in CAT MOUNTAIN NORTH. Being 223 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.43 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in CAT MOUNTAIN NORTH, ranging from $1,200,000 to $1,900,000. In CAT MOUNTAIN NORTH, home values have fallen approximately 23.6% over the past 6 months. One of the strongest data points is 5301 Backtrail DR, Austin TX 78731, adjusting to $1,369,224; with a larger floor plan. 7 comparable transactions in CAT MOUNTAIN NORTH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group