2401 Leon ST # 304, Austin TX 78705

Based on 7 closed sales in WATERFORD CONDO, the data points to a value around $623,167 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $400,000 to $410,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in WATERFORD CONDO's current inventory. This home's larger footprint (342 sqft vs the comp average) plays a role in how the market prices it. Being built in 1981 (8 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in WATERFORD CONDO, creating a buyer's market for this price range. Market data shows 78705 prices fallen 12% over the last half year. The closest comparable sale, 2401 Leon ST # 306, Austin TX 78705 at an adjusted $339,362, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in WATERFORD CONDO. 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