3705 Griffith ST, Austin TX 78705

The estimated value of this property is $742,026, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $727,000 and $757,000. In the current WARD market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 382 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.08 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in WARD, listed between $498,000 and $615,000. Recent trends in 78705 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 712 Harris Ave # 1, Austin TX 78705, with an adjusted value of $641,263; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group