54 Rainey ST # 717, Austin TX 78701

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $611,149. Pricing this home between $395,000 and $405,000 would put it in the competitive sweet spot for MILAGO CONDO. This pricing would rank the home as the most expensive of 3 comparable homes on the market in MILAGO CONDO's current inventory. At 7 years older than typical comps, the 2005 build date influences the valuation. Current inventory shows 3 comparable homes in MILAGO CONDO; a buyer's market based on recent absorption. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 360 Nueces ST # 3207, Austin TX 78701 at an adjusted $511,001, is a strong comparable. The comp data here (5 sales in MILAGO CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus