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1408 Varnell Ave NE, Roanoke, VA, 24012

3beds
1baths
1,321sqft
$206,006
$156price/sqft
$1,534/moest. monthly cost
$61,360/yrincome needed

About This Home

Occupied, lease ends 12/31/2026.

Getting Around

37
WalkingCar-Dependent
26
TransitSome Transit
19
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Completed
  • Year built: 1970

Materials

  • Construction materials: Vinyl,Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes

Bedroom1

  • Level: E

Bedroom2

  • Level: E

Bedroom3

  • Level: E

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Ceramic Tile,Wood
  • Finished area above ground: 1,321

Heating

  • Heating features: Baseboard Electric

Interior Area

  • Total structure area: 1,321
  • Total interior livable area: 1,321 sqft

Kitchen

  • Level: E

Living Room

  • Level: E

Property

Details

  • Parcel number: 3231810

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 80X118

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

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Inland Flooding
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 $1,041$12,492
Home Insurance *$93$1,116
Property Taxes $198$2,376
Electricity $202$2,433
Total$1,534$18,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,594/yr
40% on housing$46,020/yr
45% on housing$40,906/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: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$156This listing

vs Other Active Listings

Avg $/sqft

ZIP 24012$117
Roanoke City$133

vs Homes Sold Last Month

Median $/sqft

ZIP 24012$137
Roanoke City$124

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
2026-02-05Price change$206,006
2026-01-05Price change$210,210
2025-08-22Listed for sale$214,500
2020-03-06Listing removed$50,000
2020-02-10Price change$50,000
2020-01-08Listed for sale$52,500
2001-08-06Sold$29,900

For Sale by Agent

AgentCOURTNEE W BISHOP
BrokerageMKB, REALTORS(r)

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