54 Rainey ST, Austin TX 78701

My analysis of 5 comparable properties puts this home's estimated value at $583,957. Based on how the local market is moving, a list price between $373,000 and $383,000 would position this home well. This home's position in the current MILAGO CONDO market: the most expensive of 7 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 2005 build date influences the valuation. 7 similar homes are currently available in MILAGO CONDO, creating a buyer's market for this price range. The 6 month price trend in 78701: fallen 23.2%. The best comp here is 98 San Jacinto BLVD # 701, Austin TX 78701 at an adjusted value of $1,024,308, a strong comparable. The comp data here (5 sales in MILAGO CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus