691 Downshire Rd NW, Concord, NC, 28027
About This Home
Welcome to 691 Downshire Road Northwest, Concord, North Carolina — a stunning new construction home built by M/I Homes. This thoughtfully designed home offers 4,069 square foot of well-planned living space, featuring 5 bedrooms, 4.5 bathrooms, and an owner's bedroom conveniently located on the upper level. Step inside to discover an inviting open-concept living space that seamlessly connects the main gathering areas, perfect for both everyday living and entertaining. The quality of design is evident throughout, with carefully selected finishes and a floorplan that prioritizes both comfort and functionality. This home includes the following: 4,069 square foot of living space 5 bedrooms and 4.5 bathrooms Owner's bedroom located on the upper level with en-suite bathroom Open-concept living space 3-car garage This home is nestled within a welcoming neighborhood that offers easy proximity to parks and outdoor recreation, making it an ideal setting for those who enjoy spending time outside. The surrounding neighborhood features well-maintained streetscapes and a friendly atmosphere that enhances everyday living. Every detail of this home reflects a commitment to quality design, from the spacious layout to the carefully crafted interior features. With generous square footage and a versatile floorplan, this home provides ample room for personalization to suit your lifestyle and preferences.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction,Under Construction
- New construction: Yes
- Year built: 2026
Other
- Builder name: M/I Homes
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Interior Area
- Total interior livable area: 4,069 sqft
Property
Details
- Parcel number: 46816227960000
Features
- Levels: 2.0
- Stories: 2
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 3
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
- Ice Storm
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Cabarrus County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,181 | $50,172 |
| Home Insurance * | $250 | $3,000 |
| Property Taxes | $27 | $324 |
| Electricity | $378 | $4,547 |
| Total | $4,836 | $58,032 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-05 | Listed for sale | $878,450 |
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