54 Rainey ST # 718, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $481,838. For a well positioned listing in MILAGO CONDOMINIUMS, I'd target the $535,000 to $682,000 range. In the current MILAGO CONDOMINIUMS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 2005 construction puts this home 9 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in MILAGO CONDOMINIUMS, listed between $575,000 and $785,000. Recent trends in 78701 show home values have fallen 23.2% since 6 months ago. The most comparable recent sale is 603 Davis ST # 603, Austin TX 78701, with an adjusted value of $495,749; 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