70 Rainey ST # 1406, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $2,311,311. Based on how the local market is moving, a list price between $1,614,000 and $1,624,000 would position this home well. This home's position in the current 70 RAINEY market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. 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 $1,610,000 and $2,995,000. The 6 month price trend in 78701: fallen 16.4%. The best comp here is 301 West Ave # 3605, Austin TX 78701 at an adjusted value of $2,142,986, a strong comparable. 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