54 Rainey ST, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $624,023. For a well positioned listing in MILAGO CONDO, I'd target the $528,000 to $538,000 range. With 7 comparable homes on the market in MILAGO CONDO, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. 7 similar homes are currently available in MILAGO CONDO, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 603 Davis ST # 703, Austin TX 78701, with an adjusted value of $482,202; a strong comparable. The 6 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