2220 Leon ST # 102, Austin TX 78705

The estimated value of this property is $294,755, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $220,000 and $230,000. With 5 comparable homes on the market in 2220 LEON CONDO, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. Built in 1972, this home is 9 years older than the average comp, which is reflected in the adjustments. The 0.02 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. With 5 similar homes currently listed in 2220 LEON CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78705 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 2401 Leon ST # 208, Austin TX 78705, with an adjusted value of $352,611; a strong comparable. Based on 6 relevant data points in 2220 LEON CONDO, 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