2401 Leon ST # 109, Austin TX 78705

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $314,252. I'd recommend coming to market at $337,000 to $339,000 to strike the right balance between value and market velocity. Against 7 similar active listings in WATERFORD CONDO, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.02 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in WATERFORD CONDO; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 12.3% in the past 6 months. 914 W 26th ST # 202, Austin TX 78705 nearby adjusts to $302,582; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group