54 Rainey ST # 816, Austin TX 78701

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $608,499. Pricing this home between $391,000 and $401,000 would put it in the competitive sweet spot for MILAGO CONDO. Buyers shopping in MILAGO CONDO right now would see this as a well positioned option among 3 comparable homes. At 7 years older than typical comps, the 2005 build date influences the valuation. There are currently 3 similar homes on the market in MILAGO CONDO, ranging from $399,000 to $699,000. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 360 Nueces ST # 3207, Austin TX 78701 at an adjusted $506,750, is a strong comparable. With 5 comparable sales in MILAGO CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group