70 Rainey ST # 1406, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $2,117,089. Based on how the local market is moving, a list price between $1,596,000 and $1,606,000 would position this home well. This home's position in the current 70 RAINEY market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 5 years newer than typical comps, the 2018 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.05) contributes to the valuation. Buyers in 70 RAINEY have 7 comparable options right now, with asking prices between $1,583,500 and $3,395,000. The 6 month price trend in 78701: fallen 15.3%. The best comp here is 200 Congress Ave # 19F, Austin TX 78701 at an adjusted value of $2,028,970, with a larger floor plan. The comp data here (7 sales in 70 RAINEY) 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