Condo / High-rise home in Asheville, NC
This 1,246-square-foot Condo condo in Asheville, NC includes 2 bedrooms and 2 bathrooms. Notable features include mountain view, courtyard, open floor plan, and walk-in closet. The Condo styling carries through the home's design.
| Price | $875,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1246 |
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| Architectural style | Condo / High-rise (99% match) |
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| Address | 55 S Market Street Unit 501, Asheville, NC 28801 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: courtyard, mountain view, open floor plan, walk-in closet.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $875K, this home is 77% above the $495K median for 158 similar Condo / High-rise homes in Asheville, NC.
- That works out to $702 per square foot, 45% above the $484 comparable rate.
- New to market (2 days), so expect competition.
| This home | $875,000 |
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| Condo / High-rise median in Asheville, NC | $495,000 (158 homes) |
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| Price per sq ft | $702 vs. $484 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 $5,716/month with 20% down at a 7.28% 30-year fixed rate. You would need about $244,951 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,789/mo |
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| Property tax (new-buyer reassessed rate) | $598/mo |
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| Homeowners insurance | $328/mo |
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| Total monthly | $5,716/mo |
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| Down payment (20%) | $175,000 |
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| Income needed | $244,951/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 B- (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 | B- (65/100) |
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| Beats renting in | 18% of modeled paths |
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| Modeled 5-yr equity (median) | $440,202 |
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| Range (10th to 90th pct) | $261,606 to $646,592 |
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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 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