805 N Washington Ave, Cameron TX 76520

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $239,794. I'd recommend coming to market at $155,000 to $165,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in 76520. At 165 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1966, this home is 11 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in 76520 (a buyer's market), competition is a factor to consider. The trend in 76520 shows prices have fallen 5.8% in the past 6 months. 701 E 15th ST, Cameron TX 76520 nearby adjusts to $141,012; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group