54 Rainey ST # 414, 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. In the current MILAGO CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. 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. 6 comparable transactions in MILAGO CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group