2207 Leon # 202, Austin TX 78705

After reviewing 7 recent transactions in LEON STREET CONDOMINIUMS, I estimate this property's value at $266,723. A competitive list price for this home right now would fall in the $164,000 to $174,000 range. This would position the home competitively among 7 active listings in LEON STREET CONDOMINIUMS. At 22 years older than typical comps, the 1971 build date influences the valuation. The larger lot (0.34 acres versus the area average of 0.01) contributes to the valuation. With 7 similar homes currently listed in LEON STREET CONDOMINIUMS (a buyer's market), competition is a factor to consider. Prices in 78705 have fallen 12% over the last 6 months. A similar home at 2502 Leon ST # 213, Austin TX 78705 carries an adjusted comparable value of $215,861, providing a strong data point. With 7 comparable sales in LEON STREET CONDOMINIUMS, 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