70 Rainey ST # 3204, Austin TX 78701

Based on 3 closed sales in RAINEY, the data points to a value around $3,766,164 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,984,000 to $2,994,000. Relative to what's currently available in RAINEY, this home would be the 3rd most expensive of 7 comparable homes on the market. Being built in 2018 (8 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in RAINEY; a buyer's market based on recent absorption. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 210 Lavaca ST # 3603, Austin TX 78701 at an adjusted $3,886,654, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus