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432 S Hancock Ave, Colorado Springs, CO, 80903

2beds
2baths
1,250sqft
$340,000
$272price/sqft
$2,298/moest. monthly cost
$91,920/yrincome needed

About This Home

Discover this beautifully renovated home in a rapidly growing neighborhood just minutes from downtown Colorado Springs, Memorial Park, and Memorial Hospital. Blending timeless charm with modern upgrades, this property offers the best of both worlds. The home features 2 spacious bedrooms and 2 fully updated bathrooms, thoughtfully designed with custom tile and stylish finishes. The interior has been completely refreshed with a brand-new kitchen showcasing updated cabinetry, modern appliances, new flooring, fresh paint, and contemporary lighting throughout. Major exterior improvements include a new roof, stucco, windows, fencing, and low-maintenance xeriscaping, enhancing both curb appeal and efficiency. Additional upgrades such as a new furnace and air conditioning system ensure year-round comfort and peace of mind. If you’re looking for character without sacrificing modern convenience, this move-in-ready home delivers.

Getting Around

57
WalkingSomewhat Walkable
37
TransitSome Transit
63
BikeBikeable

Schools

1/10
Hunt Elementary SchoolGrades PK-50.9 mi
6/10
North Middle SchoolGrades 6-81.6 mi
3/10
Palmer High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1910

Materials

  • Roof: Composite Shingle
  • Construction materials: Stucco,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 220v in Kitchen,Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Pantry
  • Flooring: Wood Laminate
  • Fireplace features: None
  • Finished area below ground: 300
  • Finished area above ground: 950

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,250
  • Total interior livable area: 1,250 sqft

Other

  • Level: Main
  • Area: 168

Property

Details

  • Parcel number: 6417315019

Features

  • Patio & porch: Concrete
  • Fencing: Full

Lot

  • Lot size: 4,599 sqft
  • Features: Level,Hiking Trail,Near Fire Station,Near Hospital,Near Public Transit,Near Schools,Near Shopping Center,Front Landscaped

Parking

  • Total spaces: 1
  • Parking features: Detached,Concrete Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Tornado

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

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 $1,719$20,628
Home Insurance *$266$3,192
Property Taxes $127$1,524
Electricity $186$2,232
Total$2,298$27,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,788/yr
40% on housing$68,940/yr
45% on housing$61,280/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

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: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 80903$192
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80903
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-26Listed for sale$350,000
2025-12-11Sold$120,000
2021-03-16Listing removed--
2019-05-15Listing removed$1,350
2019-05-09Listed for rent$1,350

For Sale by Agent

AgentSherri Hopper CDPE
BrokerageHomeSmart

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