70 Rainey ST # 2903, Austin TX 78701

The comparable sales data (7 recent transactions in RAINEY STREET) supports an estimated value of $461,435. The data suggests a list price between $505,000 and $538,000 would attract qualified buyers without leaving money on the table. Buyers shopping in RAINEY STREET right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.00 acres versus 0.04 for the typical comp. With 7 similar homes currently listed in RAINEY STREET (a buyer's market), competition is a factor to consider. Prices in 78701 have fallen 11.6% over the last 6 months. A similar home at 48 E East Ave # 3203, Austin TX 78701 carries an adjusted comparable value of $440,183, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in RAINEY STREET. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group