54 Rainey ST # 101, Austin TX 78701

The comparable sales data (3 recent transactions in MILAGO CONDO) supports an estimated value of $843,650. The data suggests a list price between $563,000 and $573,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 3 active listings in MILAGO CONDO. Being built in 2005 (5 years older than comps) is factored into the value estimate. The active market in MILAGO CONDO includes 3 comparable homes priced from $575,000 to $1,175,000. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 800 W. 5th ST # 809, Austin TX 78703 carries an adjusted comparable value of $570,216, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in MILAGO CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group