54 Rainey ST # 1006, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $1,114,321. For a well positioned listing in MILAGO CONDOS, I'd target the $515,000 to $525,000 range. Among the similar homes currently available in MILAGO CONDOS, this price point stands out as competitive. The 2005 construction puts this home 7 years older than the comp average, a factor in the pricing. 6 similar homes are currently available in MILAGO CONDOS, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 10.6% since 6 months ago. The most comparable recent sale is 222 West Ave # 1213, Austin TX 78701, with an adjusted value of $1,052,416; a strong comparable. 5 comparable transactions in MILAGO CONDOS 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