54 Rainey ST # 512, Austin TX 78701

After reviewing 5 recent transactions in MILAGO CONDO, I estimate this property's value at $585,553. A competitive list price for this home right now would fall in the $711,000 to $774,000 range. This home's position in the current MILAGO CONDO market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. Prices in 78701 have fallen 20.5% over the last 6 months. A similar home at 603 Davis ST # 703, Austin TX 78701 carries an adjusted comparable value of $482,166, providing a strong data point. The comp data here (5 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