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2531 Dry Rd, Speedwell, VA, 24374

3beds
1baths
1,000sqft
$150,000
$150price/sqft
$1,084/moest. monthly cost
$43,360/yrincome needed

About This Home

Tucked away in the woods, this charming cottage offers the perfect escape for a full-time residence, weekend getaway, or investment opportunity as a vacation rental or AirBnB. Surrounded by privacy and seclusion, this cozy home features 3 bedrooms, 1 bath, and a full basement, all situated on a beautiful wooded lot. Recent fresh paint adds a refreshed touch, while several outbuildings provide plenty of storage space for tools, outdoor gear, or hobbies. Imagine relaxing evenings around a backyard fire pit, enjoying the peaceful setting and sounds of nature. If you’ve been searching for a private retreat with endless potential, this is it. Schedule your showing today — opportunities like this don’t last long! Call today!!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

4/10
7/10
9/10
Rural Retreat High SchoolGrades 9-127.0 mi

Construction

Condition

  • Year built: 1970

Materials

  • Construction materials: T-111 Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow/Cottage
  • Property subType: Detached

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator,Electric Water Heater
  • Laundry features: In Basement

Basement

  • Area: 1000

Basement

  • Has basement: Yes
  • Basement: Concrete,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Master Downstairs
  • Fireplace features: Flue,Wood Stove Insert
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 0
  • Finished area above ground: 1,000

Heating & Cooling

  • Heating features: Baseboard-Electric,Other - See Remarks,Wood Stove
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,000
  • Total interior livable area: 1,000 sqft

Property

Details

  • Parcel number: 07934C

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Storage

Lot

  • Lot size: 0.90 Acres

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Drought
Landslide
Lightning
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$62$744
Property Taxes $62$744
Electricity $202$2,433
Total$1,084$13,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,165/yr
40% on housing$32,520/yr
45% on housing$28,906/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 24374$47
Wythe County$122

vs Homes Sold Last Month

Median $/sqft

ZIP 24374
Wythe County$149

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Listed for sale$179,900
2024-08-28Sold$120,000
2024-07-26Contingent$139,000
2024-07-17Price change$139,000
2024-06-26Listed for sale$149,000

For Sale by Agent

AgentTana Woodyard
BrokerageBerkshire Hathaway Home Services Mountain Sky Properties-Blacksburg

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