1614 Catalan RD, Austin TX 78748

My analysis of 7 comparable properties puts this home's estimated value at $345,676. Based on how the local market is moving, a list price between $320,000 and $324,000 would position this home well. This would position the home competitively among 4 active listings in SMITHFIELD. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 4 comparable homes in SMITHFIELD; a buyer's market based on recent absorption. The 6 month price trend in 78748: fallen 4.1%. The best comp here is 1402 Catalan RD, Austin TX 78748 at an adjusted value of $302,356, a strong comparable. With 7 comparable sales in SMITHFIELD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group