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2020 Bailey Dr, Hickory, NC, 28601

3beds
2baths
1,440sqft
$289,900
$201price/sqft
$1,929/moest. monthly cost
$77,160/yrincome needed

About This Home

Welcome to this newly constructed Barndominium style ranch home in Bailey Acres featuring 3 bedrooms and 2 bathrooms on approximately 0.63 acres. Designed with an open floorplan, the kitchen and great room offer vaulted ceilings that create a bright and spacious feel. The kitchen features solid wood countertops and soft-close drawers for added functionality and style. The primary suite includes a tile shower and double sinks in the ensuite bathroom, while the spacious laundry room adds everyday convenience. Enjoy outdoor living on the large back deck overlooking the yard. Constructed by Arkase Homes, your local premier spec home builder, this home also offers low-maintenance metal siding and a metal roof designed for long-term durability. A thoughtful blend of modern finishes and practical features makes this property one to see.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

8/10
Ray Childers ElementaryGrades PK-51.4 mi
3/10
East Burke MiddleGrades 6-84.6 mi
4/10
East Burke HighGrades 9-125.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Crawl Space,Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Metal

Other

  • Builder model: Spec 3
  • Builder name: ARKASE Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Features

  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,440

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Kitchen

  • Features: Kitchen Island,Open Floorplan,Vaulted Ceiling(s)
  • Level: Main

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Split BR Plan,Walk-In Closet(s)
  • Level: Main

Property

Details

  • Parcel number: 56302
  • Zoning: R-3
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Front Porch

Lot

  • Lot size: 0.63 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Burke County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
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 $1,465$17,580
Home Insurance *$104$1,248
Property Taxes $160$1,920
Electricity $200$2,405
Total$1,929$23,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,137/yr
40% on housing$57,870/yr
45% on housing$51,440/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 28601$170
Burke County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 28601$183
Burke County$195

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
2021-10-02Listing removed--
2020-09-30Listed for sale$19,900

Coming Soon

AgentJennifer Davis
BrokerageHuffman Realty Group, LLC

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