Ranch home in Asheville, NC
This Ranch home in Asheville, NC offers 3 bedrooms and 1 bathroom across 1,244 square feet. Its Ranch character defines the property's look.
| Price | $295,000 |
|---|
| Beds | 3 |
|---|
| Baths | 1 |
|---|
| Sqft | 1244 |
|---|
| Architectural style | Ranch (31% match) |
|---|
| Address | 243 Governors View Road, Asheville, NC 28805 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $295K, this home is 38% below the $475K median for 231 similar Ranch homes in Asheville, NC.
- That works out to $237 per square foot, 19% below the $292 comparable rate.
- On the market 19 days.
| This home | $295,000 |
|---|
| Ranch median in Asheville, NC | $475,000 (231 homes) |
|---|
| Price per sq ft | $237 vs. $292 comps median |
|---|
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. 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 $1,927/month with 20% down at a 7.28% 30-year fixed rate. You would need about $82,584 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,615/mo |
|---|
| Property tax (new-buyer reassessed rate) | $202/mo |
|---|
| Homeowners insurance | $111/mo |
|---|
| Total monthly | $1,927/mo |
|---|
| Down payment (20%) | $59,000 |
|---|
| Income needed | $82,584/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (60 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+ (60/100) |
|---|
| Beats renting in | 11% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $135,217 |
|---|
| Range (10th to 90th pct) | $78,645 to $201,326 |
|---|
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