54 Rainey ST # 1221, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $664,529. To generate strong buyer interest while maximizing value, I'd price this between $524,000 and $534,000. Against 3 similar active listings in MILAGO CONDOS, this price point lands at the most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in MILAGO CONDOS; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 13.8% in the past 6 months. 603 Davis ST # 2011, Austin TX 78701 nearby adjusts to $668,861; a strong comparable. 7 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