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154 Cement Dr, Galax, VA, 24333

2beds
1baths
1,316sqft
$194,999
$148price/sqft
$1,491/moest. monthly cost
$59,640/yrincome needed

About This Home

If you’re looking for space, privacy, and potential, this property in Galax is full of opportunity. Situated on over 8 acres within the city limits, this 2-bedroom, 1-bath home (with potential for a 3rd bedroom) is ready for your vision and personal touch. Having acreage is a rare find in the city and opens the door to a variety of uses—including the possibility of creating your own mini farm, with room for gardens, animals, and outdoor living.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

6/10
Galax Elementary SchoolGrades PK-51.5 mi
8/10
Galax Middle SchoolGrades 6-81.3 mi
5/10
Galax High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1944

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Detached

Interior

Appliances

  • Appliances included: Microwave,Oven,Refrigerator,Electric Water Heater

Basement

  • Area: 0

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Master Downstairs
  • Fireplace features: None
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 1,316

Heating & Cooling

  • Heating features: Wood Stove
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,316
  • Total interior livable area: 1,316 sqft

Property

Details

  • Parcel number: 8335

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Private Yard

Lot

  • Lot size: 8.27 Acres

Parking

  • Total spaces: 2
  • Parking features: Carport/Double
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Ice Storm
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
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 $986$11,832
Home Insurance *$144$1,728
Property Taxes $159$1,908
Electricity $202$2,433
Total$1,491$17,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,120/yr
40% on housing$44,730/yr
45% on housing$39,760/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: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 8.1%
8.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$148This listing

vs Other Active Listings

Avg $/sqft

ZIP 24333$116
Galax City$107

vs Homes Sold Last Month

Median $/sqft

ZIP 24333
Galax City$70

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)

No zestimate history available

Price History

DateEventPrice
2026-05-09Price change$224,999
2026-05-06Price change$229,800
2026-04-09Listed for sale$229,900

For Sale by Agent

AgentEllen Crowgey
BrokerageKeller Williams New River Valley

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