1305 Leona # 2, Austin TX 78702

Taking into account 4 nearby comparable sales, this property's estimated value comes to $508,787. If we were to list this property today, I'd recommend a list price in the $366,000 to $376,000 range. This home's position in the current 78702 market: the most expensive of 7 comparable homes on the market among comparable properties. Being built in 2017 (8 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 7%. The best comp here is 2107 Maple Ave # B, Austin TX 78722 at an adjusted value of $490,934, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 78702. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group