800 N Fannin Ave, Cameron TX 76520

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $197,022. Pricing this home between $53,000 and $63,000 would put it in the competitive sweet spot for REESE. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in REESE's current inventory. The 180 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.17 acres versus the area average of 0.83) contributes to the valuation. Current inventory shows 5 comparable homes in REESE; a buyer's market based on recent absorption. Market data shows 76520 prices risen 16% over the last half year. The closest comparable sale, 201 N Bowie Ave, Cameron TX 76520 at an adjusted $158,807, is with a smaller floor plan. The comp data here (7 sales in REESE) 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