70 Rainey ST # 1807, Austin TX 78701

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $931,172. I'd recommend coming to market at $699,000 to $709,000 to strike the right balance between value and market velocity. In the current 70 RAINEY RESIDENCES market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The active market in 70 RAINEY RESIDENCES includes 7 comparable homes priced from $674,900 to $1,450,000. The trend in 78701 shows prices have fallen 25% in the past 6 months. 48 East Ave # 2201, Austin TX 78701 nearby adjusts to $862,028; a strong comparable. Based on 7 relevant data points in 70 RAINEY RESIDENCES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX