Save your money. The prop is safe at 700 hours. I assume it has no damage and you hanger your plane (and prop)?
Read this from Savvy Aviation, Mike Busch. He is well respected.
https://resources.savvyaviation.com/..._intervals.pdf
I have run engines and props over recommended TBO without issue, however it is done carefully.
Props, like MT with wood and composite blades are not as fatigue critical as all metal props. However age does affect them, but yours being hangered (I assume) the actual "age" is less than chronological age. Inspect in situ for obvious damage. The hub? 700 hours on hangered plane it is not an issue, unless there was an existing manufacture defect. Time is critical for props sitting out in rain, snow, direct sunlight, high temps and humidity, for year after year, decade after decade.
This advise is at your own risk of course.... however unless you are commercial Ops you do not need to follow the TBO unless there is a AD on the prop.
Over TBO Engines I got oil analysis and did more frequent compression checks. I always monitor oil use. You know not to add more than 6 qts in a Lyc 4 banger right. With Eng Monitoring systems you can look for trends.
Props on my old twin were also over TBO. The props in question had an AD for a onetime tear down inspection. They found out of 4 blades (two two bladed props) they found small corrosion pits on one of the 4 blade shanks. Fortuitously the prop shop had a serviceable used spare blade. They complied with SB and inspected it. I think I also had to replace the bearings and seals. In other words R&R as required not a full overhaul. Would a corrosion pit on blade shank cause a crack? May be over a long period of time. BTW these props were over 30 years old with about 4000 hours. This plane was not babied.