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311 New St, Waverly, VA, 23890

4beds
2baths
1,834sqft
$299,900
$164price/sqft
$2,036/moest. monthly cost
$81,440/yrincome needed

About This Home

Brand new 4-bedroom, 2-bath ranch-style home in Waverly! This beautifully designed new construction offers modern one-level living with an open floor plan, spacious bedrooms, and stylish finishes throughout. The kitchen features ample cabinet space and flows seamlessly into the living and dining areas, making it perfect for entertaining. The private primary suite includes a full bath and generous closet space. Enjoy the comfort of new construction along with a convenient location close to schools, shopping, and major highways. Don’t miss this opportunity to own a brand-new home in a growing area!

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
4/10
3/10
Sussex Central High SchoolGrades 9-1211.9 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Frame,Vinyl Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Attic: Access Only
  • Finished area below ground: 0
  • Finished area above ground: 1,834

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,834 sqft

Other

  • Level: First

Property

Details

  • Parcel number: 28A7 A 147

Features

  • Levels: One
  • Stories: 1
  • Pool 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

  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Drought
Hurricane
Lightning
Strong Wind

FEMA Declared Disasters Across Virginia Counties

Severe 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 $1,516$18,192
Home Insurance *$188$2,256
Property Taxes $130$1,560
Electricity $202$2,433
Total$2,036$24,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,805/yr
40% on housing$61,080/yr
45% on housing$54,293/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 8.3%
8.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 23890$196
Sussex County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 23890$126
Sussex County$152

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
2026-08-11Price change$289,900
2026-06-22Price change$299,900
2026-06-08Price change$309,000
2026-05-22Listed for sale$319,000
2025-09-29Sold$20,000
2025-09-09Pending sale$20,000
2025-08-27Listed for sale$20,000

New Construction

AgentSarah Romero
BrokerageReal Broker LLC

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