54 Rainey ST # 1007, Austin TX 78701

The market data from 3 similar recent sales in MILAGO CONDOMINIUMS points to a value of approximately $464,840. To sell within a reasonable timeframe at fair market value, the $699,000 to $774,000 range is where I'd position this. In the current MILAGO CONDOMINIUMS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 2005 construction puts this home 9 years older than the comp average, a factor in the pricing. Buyers in MILAGO CONDOMINIUMS have 7 comparable options right now, with asking prices between $674,900 and $870,000. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 603 Davis ST # 603, Austin TX 78701, adjusting to $477,149; a strong comparable. 3 comparable transactions in MILAGO CONDOMINIUMS 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