54 Rainey ST # 921, Austin TX 78701

The estimated value of this property is $641,694, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $551,000 and $561,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. At 127 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 7 similar homes on the market in MILAGO CONDO, ranging from $575,000 to $925,000. Recent trends in 78701 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 54 Rainey ST # 713, Austin TX 78701, with an adjusted value of $480,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group