701 E 15th ST, Cameron TX 76520

Reviewing the most recent comparable transactions, this home's market value falls around $226,666. For a well positioned listing in 76520, I'd target the $164,000 to $174,000 range. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in 76520. The 1965 construction puts this home 13 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is smaller than the 2.34 acre comp average, which factors into pricing. 6 similar homes are currently available in 76520, creating a buyer's market for this price range. Recent trends in 76520 show home values have fallen 9.7% since 6 months ago. The most comparable recent sale is 606 E 6th ST, Cameron TX 76520, with an adjusted value of $221,767; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group