804 Leonard ST, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $577,090. For a well positioned listing in UNIVERSITY PARK, I'd target the $759,000 to $958,000 range. Against 3 similar active listings in UNIVERSITY PARK, this price point lands at the most affordable of 3 comparable homes on the market. Being 939 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1930 construction puts this home 18 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in UNIVERSITY PARK, listed between $995,000 and $1,495,000. Recent trends in UNIVERSITY PARK show home values have fallen 12.1% since 6 months ago. The most comparable recent sale is 3500 Lafayette Ave, Austin TX 78722, with an adjusted value of $625,689; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group