54 Rainey ST # 906, Austin TX 78701

After reviewing 3 recent transactions in MILAGO CONDO, I estimate this property's value at $960,521. A competitive list price for this home right now would fall in the $613,000 to $623,000 range. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in MILAGO CONDO's current inventory. At 5 years older than typical comps, the 2005 build date influences the valuation. Buyers in MILAGO CONDO have 5 comparable options right now, with asking prices between $575,000 and $1,799,500. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 222 West Ave # 1213, Austin TX 78701 carries an adjusted comparable value of $1,052,606, providing a strong data point. With 3 comparable sales in MILAGO CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group