54 Rainey ST # 318, Austin TX 78701

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $643,807. I'd recommend coming to market at $789,000 to $818,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in MILAGO CONDO, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. 6 similar homes are currently available in MILAGO CONDO, creating a buyer's market for this price range. The trend in MILAGO CONDO shows prices have fallen 11% in the past 6 months. 603 Davis ST # 603, Austin TX 78701 nearby adjusts to $455,196; a strong comparable. Based on 6 relevant data points in MILAGO CONDO, 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