2207 Leon # 209, Austin TX 78705

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $279,863. I'd recommend coming to market at $326,000 to $337,000 to strike the right balance between value and market velocity. Against 7 similar active listings in LEON STREET CONDOMINIUMS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 1971, this home is 11 years older than the average comp, which is reflected in the adjustments. The 0.34 acre lot (larger than the 0.15 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in LEON STREET CONDOMINIUMS, ranging from $265,000 to $344,900. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 2401 NW Leon ST # 110, Austin TX 78705 nearby adjusts to $231,108; a strong comparable. Based on 3 relevant data points in LEON STREET CONDOMINIUMS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX