5 recent sales within half a mile of this address suggest a current value of $1,279,038. My recommended list price range for this property would be $1,418,000 to $1,500,000. In the current NORTH CAT MOUNTAIN SEC market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The smaller floor plan (304 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.44 acre lot (larger than the 0.33 acre average) is reflected in the estimate. The active market in NORTH CAT MOUNTAIN SEC includes 4 comparable homes priced from $1,200,000 to $1,450,000. In 78731, home values have fallen approximately 14.4% over the past 6 months. One of the strongest data points is 6400 Cedro CV, Austin TX 78731, adjusting to $1,615,203; with a larger floor plan. Based on 5 relevant data points in NORTH CAT MOUNTAIN SEC, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
