305 N Orchard, Cameron TX 76520

After reviewing 7 recent transactions in 76520, I estimate this property's value at $243,761. A competitive list price for this home right now would fall in the $158,000 to $168,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in 76520's current inventory. At 45 years older than typical comps, the 1920 build date influences the valuation. The smaller lot (0.51 acres versus the area average of 2.32) contributes to the valuation. With 4 similar homes currently listed in 76520 (a buyer's market), competition is a factor to consider. Prices in 76520 have fallen 5.8% over the last 6 months. A similar home at 603 W 25th ST, Cameron TX 76520 carries an adjusted comparable value of $256,000, providing a strong data point. The comp data here (7 sales in 76520) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus