Cottage / Storybook home in Asheville, NC
Set in Asheville, NC, this Cottage condo provides 3 bedrooms and 2.5 bathrooms across 2,772 square feet. The Cottage styling carries through the home's design.
| Price | $800,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2.5 |
|---|
| Sqft | 2772 |
|---|
| Architectural style | Cottage / Storybook (48% match) |
|---|
| Address | 1702 Timber Trl, Asheville, NC 28804 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $800K, this home is 45% above the $550K median for 589 similar Cottage / Storybook homes in Asheville, NC.
- That works out to $289 per square foot, 14% below the $337 comparable rate.
- On the market 12 days.
| This home | $800,000 |
|---|
| Cottage / Storybook median in Asheville, NC | $550,000 (589 homes) |
|---|
| Price per sq ft | $289 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 $5,226/month with 20% down at a 7.28% 30-year fixed rate. You would need about $223,955 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,379/mo |
|---|
| Property tax (new-buyer reassessed rate) | $547/mo |
|---|
| Homeowners insurance | $300/mo |
|---|
| Total monthly | $5,226/mo |
|---|
| Down payment (20%) | $160,000 |
|---|
| Income needed | $223,955/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (62 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+ (62/100) |
|---|
| Beats renting in | 13% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $377,422 |
|---|
| Range (10th to 90th pct) | $222,780 to $559,493 |
|---|
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 Trulia