703 W 32nd ST, Austin TX 78705

The market data from 3 similar recent sales in SMYTH points to a value of approximately $1,267,203. To sell within a reasonable timeframe at fair market value, the $867,000 to $877,000 range is where I'd position this. In the current SMYTH market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 108 sqft larger than the typical comp, the size difference factors into the valuation. At 0.26 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. The active market in SMYTH includes 7 comparable homes priced from $925,000 to $2,130,000. In 78705, home values have fallen approximately 11.7% over the past 6 months. One of the strongest data points is 607 W 32nd ST, Austin TX 78705, adjusting to $1,026,709; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group