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2418 Hanson Ave, Norfolk, VA, 23504

5beds
3baths
2,334sqft
$439,900
$188price/sqft
$3,181/moest. monthly cost
$127,240/yrincome needed

About This Home

Welcome to this beautiful new construction property by an experience builder featuring an open concept living space for a modern lifestyle. This property will have the latest in building materials to ensure longevity and sustainability. Equipped with energy efficient appliances, high quality insulation, recesses can lights, granite countertops, LVP flooring, etc. Perks of a new construction is not having to worry about any major repair anytime soon. Call today and start choosing your finishes and colors.

Getting Around

31
WalkingCar-Dependent
41
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

2/10
Jacox Elementary SchoolGrades PK-50.5 mi
2/10
Ruffner Middle SchoolGrades 6-81.3 mi
2/10
Granby High SchoolGrades 9-123.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle
  • Construction materials: Fiber Cement

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Range,Electric Water Heater
  • Laundry features: Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Primary Sink-Double,Walk-In Closet(s),Ceiling Fan(s),Entrance Foyer,Pantry
  • Flooring: Carpet,Laminate/LVP
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,334 sqft

Property

Details

  • Parcel number: 24895606
  • Zoning: R-8
  • Other equipment: Generator Hookup

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: None
  • Waterfront features: Not Waterfront
  • Frontage length: 50

Parking

  • Total spaces: 1
  • Parking features: Garage Att 1 Car,2 Space,Multi Car,Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Virginia Counties

Flood
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 $2,224$26,688
Home Insurance *$284$3,408
Property Taxes $449$5,388
Electricity $224$2,697
Total$3,181$38,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,062/yr
40% on housing$95,430/yr
45% on housing$84,826/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: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 23504$151
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23504$178
Norfolk City$200

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

No price history available

New Construction

AgentBenjamin Gonzalez Claudio
BrokerageWorld Class Realty

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