54 Rainey ST # 1112, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $555,283. To generate strong buyer interest while maximizing value, I'd price this between $740,000 and $750,000. Against 7 similar active listings in MILAGO CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Being 156 sqft larger than the average comparable sale in this area impacts the per square foot value. The active market in MILAGO CONDO includes 7 comparable homes priced from $575,000 to $925,000. The trend in 78701 shows prices have fallen 27.8% in the past 6 months. 54 Rainey ST # 814, Austin TX 78701 nearby adjusts to $725,000; a strong comparable. The 7 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