2207 Leon ST # 302, Austin TX 78705

Based on 7 closed sales in LEON STREET CONDOMINIUMS, the data points to a value around $266,722 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $164,000 to $174,000. This would position the home competitively among 7 active listings in LEON STREET CONDOMINIUMS. Being built in 1971 (22 years older than comps) is factored into the value estimate. Lot size matters here: 0.34 acres versus 0.01 for the typical comp. Current inventory shows 7 comparable homes in LEON STREET CONDOMINIUMS; a buyer's market based on recent absorption. Market data shows 78705 prices fallen 12% over the last half year. The closest comparable sale, 2502 Leon ST # 213, Austin TX 78705 at an adjusted $215,869, 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