11601 Karst LN, Austin TX 78748

The market data from 4 similar recent sales in SMITHFIELD points to a value of approximately $264,736. To sell within a reasonable timeframe at fair market value, the $284,000 to $343,000 range is where I'd position this. In the current SMITHFIELD market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. The active market in SMITHFIELD includes 3 comparable homes priced from $230,000 to $369,900. In 78748, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 1404 Catalan RD # 803, Austin TX 78748, adjusting to $259,545; a strong comparable. 4 comparable transactions in SMITHFIELD 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