1305 Leona ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $908,321. For a well positioned listing in 78702, I'd target the $1,224,000 to $1,264,000 range. Among the similar homes currently available in 78702, this price point stands out as competitive. The 2016 construction puts this home 8 years older than the comp average, a factor in the pricing. The active market in 78702 includes 4 comparable homes priced from $825,000 to $1,399,000. Recent trends in 78702 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 1407 Cedar Ave # 1, Austin TX 78702, with an adjusted value of $807,512; with a smaller floor plan. 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