2502 Leon ST # 212, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $648,373. To generate strong buyer interest while maximizing value, I'd price this between $400,000 and $410,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in TEXAN SHOAL CREEK. This home's larger footprint (194 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 19 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in TEXAN SHOAL CREEK; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 2401 Leon ST # 306, Austin TX 78705 nearby adjusts to $367,030; a strong comparable. 7 comparable transactions in TEXAN SHOAL CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group