54 Rainey ST # 1115, Austin TX 78701

The market data from 7 similar recent sales in MILAGO CONDO points to a value of approximately $413,613. To sell within a reasonable timeframe at fair market value, the $474,000 to $523,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. Right now, 3 similar properties are competing for buyers in MILAGO CONDO, listed between $525,000 and $600,000. In 78701, home values have fallen approximately 21.3% over the past 6 months. One of the strongest data points is 360 Nueces ST # 1318, Austin TX 78701, adjusting to $446,563; a strong comparable. The 7 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