54 Rainey ST # 904, Austin TX 78701

The market data from 4 similar recent sales in MILAGO CONDO points to a value of approximately $573,239. To sell within a reasonable timeframe at fair market value, the $698,000 to $713,000 range is where I'd position this. With 7 comparable homes on the market in MILAGO CONDO, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.01 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. Buyers in MILAGO CONDO have 7 comparable options right now, with asking prices between $630,000 and $745,000. In MILAGO CONDO, home values have risen approximately 72.1% over the past 6 months. One of the strongest data points is 603 Davis ST # 2011, Austin TX 78701, adjusting to $677,405; a strong comparable. 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