54 Rainey ST # 1121, Austin TX 78701

The market data from 5 similar recent sales in MILAGO CONDO points to a value of approximately $634,480. To sell within a reasonable timeframe at fair market value, the $502,000 to $512,000 range is where I'd position this. With 3 comparable homes on the market in MILAGO CONDO, this price positions the property as the most expensive of 3 comparable homes on the market. Right now, 3 similar properties are competing for buyers in MILAGO CONDO, listed between $550,000 and $785,000. In 78701, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 603 Davis ST # 703, Austin TX 78701, adjusting to $482,112; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group