54 Rainey ST # 421, Austin TX 78701

Based on 4 closed sales in MILAGO CONDO, the data points to a value around $574,537 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $774,000 to $789,000. Buyers shopping in MILAGO CONDO right now would see this as a well positioned option among 7 comparable homes. There are currently 7 similar homes on the market in MILAGO CONDO, ranging from $575,000 to $925,000. Market data shows 78701 prices fallen 28.9% over the last half year. The closest comparable sale, 603 Davis ST # 703, Austin TX 78701 at an adjusted $483,561, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in MILAGO CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group