3100 King ST, Austin TX 78705

The estimated value of this property is $467,211, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $558,000 and $589,000. Against 3 similar active listings in SMYTH, this price point lands at the most affordable of 3 comparable homes on the market. The smaller floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1925, this home is 29 years older than the average comp, which is reflected in the adjustments. Buyers in SMYTH have 3 comparable options right now, with asking prices between $549,000 and $695,000. Recent trends in 78705 show home values have fallen 19.6% since 6 months ago. The most comparable recent sale is 3101 West Ave, Austin TX 78705, with an adjusted value of $689,777; with a larger floor plan. Based on 7 relevant data points in SMYTH, 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