426 Mitchell Street · Henderson, NC 27536

This sold listing offered more square footage for a significantly lower price, though it was updated primarily as a rental property. While the home on E Winder Street features new flooring and refreshed cabinets, it lacks the higher-end granite countertops and the fully renovated attic space found at 426 Mitchell Street. The price gap here is quite large, suggesting that the home for sale is reaching for a much higher market segment despite the similar age and style.

The home on Flint Street is a very strong comparison because it was also recently renovated with a similar modern aesthetic. While it sold for a lower total price, it is also a much smaller home, which typically results in a higher cost per square foot. 426 Mitchell Street is priced very closely to this home on a square foot basis, but it offers the added benefit of more living space and a versatile finished attic.

This property on Rowland Street shows that fully updated smaller homes in the area are selling at a lower price point than the home for sale. While this sold listing is charming and move-in ready with a nice screened porch, 426 Mitchell Street features slightly higher-end kitchen finishes like granite and the significant bonus of the renovated attic. The price difference between the two reflects a trade-off between the porch and the extra interior utility of the attic.