Comparing 213 Cooke Street to this brand new home on E College Street provides a lot of perspective on the current market. While the home for sale is technically cheaper per square foot, the home on E College Street offers brand new construction, a modern open-concept layout, and high-end finishes like granite countertops and LVP flooring. For many buyers, the small price premium for a brand new home with these modern upgrades would be a very attractive trade-off compared to a century-old property.

This property on S Hillsborough Street represents the entry-level side of the Franklinton market, having been sold as a fixer-upper project. It sold for a much lower price because it requires a significant amount of work and vision to become livable. While 213 Cooke Street is move-in ready and has been maintained, the massive price gap highlights the significant premium being asked for a home that doesn’t need immediate renovations.

This sold listing on Wilson Street is a very similar bungalow from the same era and neighborhood, making it an excellent point of comparison. While it is a bit smaller and features one less bedroom than 213 Cooke Street, it offers charming original hardwood floors and a very clean, updated kitchen that shows beautifully in photos. Seeing this home sell for $155 per square foot suggests that the asking price for the home for sale is positioned quite high for the area.