1136 Leona ST, Austin TX 78702

My analysis of 4 comparable properties puts this home's estimated value at $597,005. Based on how the local market is moving, a list price between $430,000 and $440,000 would position this home well. This would position the home competitively among 7 active listings in JONES M. The larger floor plan (112 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years newer than typical comps, the 1955 build date influences the valuation. Current inventory shows 7 comparable homes in JONES M; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 1314 E 13th ST, Austin TX 78702 at an adjusted value of $652,993, with a smaller floor plan. With 4 comparable sales in JONES M, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group