Townhouse / Rowhouse home in 7816 Averette Field Dr Raleigh, NC
A Townhouse home in Raleigh, NC, it offers 3 bedrooms and 3 bathrooms across 1,361 square feet. Notable features include deck / patio and kitchen island.
| Price | $255,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 1361 |
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| Architectural style | Townhouse / Rowhouse (88% match) |
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| Address | 7816 Averette Field Dr Raleigh, NC 27616 |
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Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, kitchen island.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $255K, this home is 25% below the $340K median for 719 similar Townhouse / Rowhouse homes in Raleigh, NC.
- That works out to $187 per square foot, 6% below the $199 comparable rate.
- On the market 15 days.
| This home | $255,000 |
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| Townhouse / Rowhouse median in Raleigh, NC | $339,900 (719 homes) |
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| Price per sq ft | $187 vs. $199 comps median |
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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 $1,666/month with 20% down at a 7.28% 30-year fixed rate. You would need about $71,386 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,396/mo |
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| Property tax (new-buyer reassessed rate) | $174/mo |
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| Homeowners insurance | $96/mo |
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| Total monthly | $1,666/mo |
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| Down payment (20%) | $51,000 |
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| Income needed | $71,386/yr |
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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) |
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| Beats renting in | 12% of modeled paths |
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| Modeled 5-yr equity (median) | $115,376 |
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| Range (10th to 90th pct) | $67,017 to $173,835 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Raleigh, NC where local data is thin.
Local home values
Typical home values in Raleigh, NC have risen about 19% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto