2502 Leon ST # 517, Austin TX 78705

The estimated value of this property is $899,249, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $321,000 and $331,000. With 7 comparable homes on the market in GRAHAM, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 2007, this home is 51 years newer than the average comp, which is reflected in the adjustments. The 0.64 acre lot (larger than the 0.13 acre average) is reflected in the estimate. 7 similar homes are currently available in GRAHAM, creating a buyer's market for this price range. Recent trends in 78705 show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 510 E 38th ST, Austin TX 78705, with an adjusted value of $1,031,144; a strong comparable. Based on 7 relevant data points in GRAHAM, 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