54 Rainey ST # 322, Austin TX 78701

The estimated value of this property is $629,069, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $544,000 and $554,000. Against 3 similar active listings in MILAGO CONDO, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Buyers in MILAGO CONDO have 3 comparable options right now, with asking prices between $575,000 and $785,000. Recent trends in 78701 show home values have fallen 28.9% since 6 months ago. The most comparable recent sale is 603 Davis ST # 813, Austin TX 78701, with an adjusted value of $663,802; 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