70 Rainey ST # 1601, Austin TX 78701

7 recent sales within a mile of this address suggest a current value of $1,622,436. My recommended list price range for this property would be $1,398,000 to $1,408,000. With 7 comparable homes on the market in 70 RAINEY, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. 7 similar homes are currently available in 70 RAINEY, creating a buyer's market for this price range. In 78701, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 44 East Ave # 3303, Austin TX 78701, adjusting to $2,051,228; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group