Cottage / Storybook home in Asheville, NC
This Cottage home in Asheville, NC offers 3 bedrooms and 1 bathroom across 1,229 square feet. The listing highlights attached garage and courtyard.
| Price | $475,000 |
|---|
| Beds | 3 |
|---|
| Baths | 1 |
|---|
| Sqft | 1229 |
|---|
| Architectural style | Cottage / Storybook (67% match) |
|---|
| Address | 72 Fairfax Avenue, Asheville, NC 28806 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, courtyard.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $475K, this home is 14% below the $550K median for 589 similar Cottage / Storybook homes in Asheville, NC.
- That works out to $386 per square foot, 15% above the $337 comparable rate.
- New to market (3 days), so expect competition.
| This home | $475,000 |
|---|
| Cottage / Storybook median in Asheville, NC | $550,000 (589 homes) |
|---|
| Price per sq ft | $386 vs. $337 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,103/month with 20% down at a 7.28% 30-year fixed rate. You would need about $132,974 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,600/mo |
|---|
| Property tax (new-buyer reassessed rate) | $325/mo |
|---|
| Homeowners insurance | $178/mo |
|---|
| Total monthly | $3,103/mo |
|---|
| Down payment (20%) | $95,000 |
|---|
| Income needed | $132,974/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (65 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (65/100) |
|---|
| Beats renting in | 17% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $234,154 |
|---|
| Range (10th to 90th pct) | $141,103 to $341,524 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Asheville, NC where local data is thin.
Local home values
Typical home values in Asheville, NC have risen about 18% over the past 5 years (-3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately