2207 Leon ST # 103, Austin TX 78705

Based on 7 closed sales in LEON STREET CONDOMINIUMS, the data points to a value around $264,162 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $169,000 to $179,000. This home's position in the current LEON STREET CONDOMINIUMS market: the 0th most expensive of 3 comparable homes on the market among comparable properties. Being built in 1981 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.34 acres versus 0.02 for the typical comp. With 3 similar homes currently listed in LEON STREET CONDOMINIUMS (a buyer's market), competition is a factor to consider. Market data shows 78705 prices fallen 1% over the last half year. The closest comparable sale, 912 W 22nd ST # 201, Austin TX 78705 at an adjusted $276,640, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LEON STREET CONDOMINIUMS. 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