54 Rainey ST # 1008, Austin TX 78701

The estimated value of this property is $712,798, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $344,000 and $354,000. With 7 comparable homes on the market in MILAGO CONDO, this price positions the property as the most expensive of 7 comparable homes on the market. 7 similar homes are currently available in MILAGO CONDO, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 603 Davis ST # 1901, Austin TX 78701, with an adjusted value of $464,531; with a larger floor plan. Based on 3 relevant data points in MILAGO CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX