70 Rainey ST # 1403, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $486,001. For a well positioned listing in SEVENTY RAINEY, I'd target the $542,000 to $559,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in SEVENTY RAINEY. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SEVENTY RAINEY, ranging from $425,000 to $667,500. Recent trends in 78701 show home values have fallen 13.8% since 6 months ago. The most comparable recent sale is 48 E East Ave # 3203, Austin TX 78701, with an adjusted value of $470,519; a strong comparable. 7 comparable transactions in SEVENTY RAINEY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group