54 Rainey ST # 914, Austin TX 78701

Taking into account 4 nearby comparable sales, this property's estimated value comes to $563,367. If we were to list this property today, I'd recommend a list price in the $689,000 to $704,000 range. Relative to what's currently available in MILAGO CONDO, this home would be the most affordable of 7 comparable homes on the market. Lot size matters here: 0.01 acres versus 0.04 for the typical comp. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. The 6 month price trend in MILAGO CONDO: risen 72.1%. The best comp here is 603 Davis ST # 2011, Austin TX 78701 at an adjusted value of $668,793, a strong comparable. The strength of this estimate comes from 4 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