54 Rainey ST, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,807,081. To generate strong buyer interest while maximizing value, I'd price this between $1,360,000 and $1,370,000. With 4 comparable homes on the market in MILAGO CONDO, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 172 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in MILAGO CONDO includes 4 comparable homes priced from $1,285,000 to $2,500,000. The trend in MILAGO CONDO shows prices have fallen 11% in the past 6 months. 222 West Ave # 2401, Austin TX 78701 nearby adjusts to $2,217,387; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group