705 W 32nd ST, Austin TX 78705

The market data from 4 similar recent sales in SMYTH points to a value of approximately $1,267,333. To sell within a reasonable timeframe at fair market value, the $1,020,000 to $1,030,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in SMYTH. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. 7 similar homes are currently available in SMYTH, creating a buyer's market for this price range. In 78705, home values have fallen approximately 11.7% over the past 6 months. One of the strongest data points is 3904 Petes PATH, Austin TX 78731, adjusting to $1,706,410; with a larger floor plan. The 4 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