54 Rainey ST # 601, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $671,606. For a well positioned listing in MILAGO CONDO, I'd target the $569,000 to $579,000 range. With 7 comparable homes on the market in MILAGO CONDO, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78701 show home values have fallen 9.5% since 6 months ago. The most comparable recent sale is 360 Nueces ST # 4009, Austin TX 78701, with an adjusted value of $843,751; a strong comparable. 7 comparable transactions in MILAGO CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group