Big Price Reduction!!! Attractive home that has been well maintained. It includes some nice updates being modern cabinets w/sliding drawers, expanded master bedroom, one full bath and one walk-in shower handicap accessible, den & office area w/dropped floor, catheral ceiling & skylight, metal roof, specail crawlsace lining, and expanded driveway with carport.
Great opporetunity for first time home buyer of investor. Motivated Seller!
13 categories
Doorify MLS #10162195$149,000−$10,000 · −6.3%$144/sqft Doorify MLS #10162195$159,000−$6,000 · −3.6%$154/sqft Doorify MLS #10162195$165,000+$6,000 · +3.8%$159/sqft Doorify MLS #10102809$159,000$154/sqft Doorify MLS #10102809$159,000$154/sqft Doorify MLS #10102809$159,000−$41,000 · −20.5%$154/sqft Doorify MLS #10102809$200,000$193/sqftNear 129 S Bullock Street · Henderson, NC 27536
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
This sold listing just down the street highlights the value of a finished product versus a project. While it sold for a much lower price, the photos show it was a complete 'investor special' with exposed drywall, missing flooring, and no kitchen. 129 S Bullock Street is move-in ready with modern updates and a metal roof, so the higher price tag is expected for a home in significantly better condition. It is hard to compare a construction site to a finished home, but this shows the baseline for the neighborhood.
This property was a true restoration opportunity, selling at a deep discount because of its boarded-up windows and unfinished interior. Even though it offered more square footage than 129 S Bullock Street, the amount of work required to make it livable was substantial. The home for sale is positioned as a finished alternative for buyers who want to avoid the stress and cost of a major overhaul. The price difference reflects the 'sweat equity' required for the Harriett Street property.
This is a very telling comparison because the home on E Avenue was also recently updated with a modern feel, much like 129 S Bullock Street. However, even though it was smaller—which usually results in a higher price per square foot—it still sold for significantly less per foot than the home for sale. While 129 S Bullock Street offers more space and a carport, the price premium being asked is quite high compared to this recently renovated sale. Both homes offer a similar level of 'move-in ready' appeal.
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When you partner with Second Story Realty, you get a team that studies the market deeply, explains the “why” behind the numbers, and guides you with transparency at every step.
You can contact us to talk strategy, ask questions, or schedule a showing, we will help you take the next step with confidence.
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Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
