8819 Leo ST, Austin TX 78745

The market data from 7 similar recent sales in 78745 points to a value of approximately $655,925. To sell within a reasonable timeframe at fair market value, the $765,000 to $802,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78745. This home's larger footprint (691 sqft vs the comp average) plays a role in how the market prices it. At 1.99 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. 3 similar homes are currently available in 78745, creating a buyer's market for this price range. In 78745, home values have risen approximately 2% over the past 6 months. One of the strongest data points is 2609 Davis LN # 1, Austin TX 78745, adjusting to $765,425; a strong comparable. 7 comparable transactions in 78745 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