54 Rainey ST # 912, Austin TX 78701

The market data from 4 similar recent sales in MILAGO CONDO points to a value of approximately $564,266. To sell within a reasonable timeframe at fair market value, the $690,000 to $705,000 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. The active market in MILAGO CONDO includes 7 comparable homes priced from $630,000 to $774,900. 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 $669,288; a strong comparable. 4 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