70 Rainey ST # 1401, Austin TX 78701

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,469,642. Pricing this home between $1,954,000 and $2,231,000 would put it in the competitive sweet spot for 70 RAINEY. Relative to what's currently available in 70 RAINEY, this home would be the 2nd least expensive of 7 comparable homes on the market. The 251 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.05) contributes to the valuation. The active market in 70 RAINEY includes 7 comparable homes priced from $1,390,000 to $2,995,000. Market data shows 78701 prices fallen 16.4% over the last half year. The closest comparable sale, 301 West Ave # 1804, Austin TX 78701 at an adjusted $1,349,640, is with a smaller floor plan. With 7 comparable sales in 70 RAINEY, 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