7304 Valburn DR, Austin TX 78731

The market data from 7 similar recent sales in NORTH CAT MOUNTAIN SEC points to a value of approximately $1,661,995. To sell within a reasonable timeframe at fair market value, the $1,175,000 to $1,185,000 range is where I'd position this. Against 5 similar active listings in NORTH CAT MOUNTAIN SEC, this price point lands at the most expensive of 5 comparable homes on the market. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. The 1984 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in NORTH CAT MOUNTAIN SEC; a balanced market based on recent absorption. In 78731, home values have risen approximately 3% over the past 6 months. One of the strongest data points is 4700 Cat Mountain DR, Austin TX 78731, adjusting to $1,651,801; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group