Posts Tagged ‘Cambron Residential Subdivision’

“Certified FHA” Approved Appraiser, Albert Cheney, reporting on Cambron Subdivision located north of U. S. Interstate Highway 10, along the west side of U. S. Highway 31, east northeast of the town center of historical Spanish Fort, Alabama.

Cambron is located only around 15-20 minutes to downtown Mobile, and around 35-40 minutes to the white sandy beaches of Gulf Shores and Orange Beach, Alabama, and the Gulf of Mexico’s blue-green waters!

Cambron Subdivision, now over two years old, has Phase 1 and 2 undergoing development, and a planned future Phase 3, on around 252 acres. This Phase 1 has 72 lots and Phase 2 has 104 lots per record with a few common areas. Cambron is “A Nichols Family Development.”

The subdivision square foot restrictions cite the heated & cooled single story or the first floor of a two story shall be no less than 2,400 square feet, and the second story shall be no less than 1,800 square feet.

Currently, the majority of new home construction and houses under construction have 4 to 5 bedrooms with 3 to 4 bathrooms. There are only a few homes having 3 bedrooms and full bathrooms less than three according to the online records.

Within the past year or so, the Average List Price was around $303,507 and the Average Sale Price was $302,681.
The Average Number of Days On Market (DOM) should fluctuate around 175 days; although, the current varying economic and lending conditions could affect the length of days on market (DOM).

The Listing Price To Sales Price Ratio has been around 97.50%.
The REALTOR online past records indicate the Lowest Price Listing is $249,900 and the Highest Price Listing is $329,900.

The above information was obtained from the Baldwin County Association of REALTORS, Al Cheney, “Certified FHA” Approved Appraiser, 1-251-533-2424, is an associate member of this REALTORS’ organization.

Visit these other websites
for additional information: http://www.MobileAlabamaFHARealEstateAppraisers.com/
and http://www.CertifiedAppraiserNames.com/.