54 Rainey ST # 815, Austin TX 78701

Based on 7 closed sales in MILAGO CONDO, the data points to a value around $500,091 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $381,000 to $391,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in MILAGO CONDO's current inventory. The active market in MILAGO CONDO includes 3 comparable homes priced from $419,500 to $590,000. Market data shows MILAGO CONDO prices fallen 11% over the last half year. The closest comparable sale, 360 Nueces ST # 2906, Austin TX 78701 at an adjusted $399,405, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MILAGO CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group