54 Rainey ST # 1011, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $405,674. I'd recommend coming to market at $460,000 to $468,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. Current inventory shows 3 comparable homes in MILAGO CONDO; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 22.2% in the past 6 months. 360 Nueces ST # 1118, Austin TX 78701 nearby adjusts to $424,335; a strong comparable. Based on 7 relevant data points in MILAGO CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX