70 Rainey ST # 1602, Austin TX 78701

The estimated value of this property is $786,934, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $580,000 and $590,000. Against 7 similar active listings in RAINEY STREET, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Buyers in RAINEY STREET have 7 comparable options right now, with asking prices between $549,900 and $1,099,000. Recent trends in 78701 show home values have fallen 5.8% since 6 months ago. The most comparable recent sale is 800 Embassy DR # 322, Austin TX 78702, with an adjusted value of $411,896; 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