54 Rainey ST, Austin TX 78701

My analysis of 4 comparable properties puts this home's estimated value at $1,852,031. Based on how the local market is moving, a list price between $865,000 and $875,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 6 comparable homes on the market in MILAGO CONDO's current inventory. The larger floor plan (153 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 6 comparable homes in MILAGO CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 23.9%. The best comp here is 98 San Jacinto BLVD # 1701, Austin TX 78701 at an adjusted value of $2,625,925, with a smaller floor plan. The comp data here (4 sales in MILAGO CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus