CompCasa Property Analysis · single_family

1703 Raeford Rd

Sprawling Haymount Traditional on a 0.61-Acre Corner Lot

Classic 1941 brick-veneer home with finished basement and hardwoods

4 beds4.5 baths3,552 sq ftBuilt 19410.61 acresattached_carport
CompCasa valuation analysis
Estimated market value
$575,000
Low $550,000 · Midpoint $575,000 · High $600,000
Confidence82%Sales comparison approach
Last recorded sale$365,000May 25, 2023
Assessed value$572,6762025 assessment
CompCasa estimate$575,000Mar 8, 2026
Estimate vs. last recorded sale+$210,000 / +57.5%
$550,000$575,000 midpoint$600,000
Price / sq ft$162
Median sale price$450,000
Avg days on market35 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for size, condition, and lot size. Assessed value of $572,676 aligns with market estimate.

About the property

Sprawling Haymount Traditional on a 0.61-Acre Corner Lot

What sets 1703 Raeford Rd apart is the combination of scale, provenance, and lot — a substantial 3,552-square-foot Traditional built in 1941 that occupies a prominent 0.61-acre corner site in Haymount. The brick-veneer façade and mature street presence give the house immediate curb appeal; step inside and the rhythm of hardwood floors, formal living and dining rooms, and a cozy fireplace reveal the home’s original character updated for everyday life.

The kitchen serves as an anchor for family activity: granite countertops surround a cooktop island designed for hands-on prep, and there’s ample cabinetry for storage. Formal rooms flank the central circulation, while a dedicated study adds a quiet place to work or read. Four bedrooms and four and a half baths are distributed across two stories, providing flexible arrangements for guests, multigenerational living, or a home office tucked away from main entertaining areas.

One of the most valuable assets here is the partially finished basement — a built-in secondary living area with its own kitchen set-up and full bath. That space can function as an au pair suite, in-law wing, long-term rental, or recreation zone with direct utility for household needs. Systems include central air and natural gas forced air; the roof is shingle. Parking is straightforward: a two-car attached carport plus a long driveway for extra vehicles.

Outside, the corner lot offers room to expand gardens, play areas, or an outdoor entertaining terrace while remaining within Haymount’s established streetscape. The house is being offered As-Is; prospective buyers should review inspection items and the property’s historic-neighborhood considerations. Practical highlights — hardwood floors through most rooms, granite counters, the basement’s extra living/kitchen area, and an oversized lot near city conveniences — make this a compelling opportunity for someone seeking a substantial home with both period detail and multi-use potential.

Positioned minutes from Cross Creek Mall, Cape Fear Valley Medical Center, and Fayetteville Technical Community College, the home sits within a walkable, amenity-rich pocket of Fayetteville. Whether you’re attracted to the neighborhood’s steady appreciation or the flexible floorplan and lot, 1703 Raeford Rd rewards a buyer with vision and an appreciation for classic Haymount character.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$487,500
Property address1911 Raeford Rd, Fayetteville, NC 28305
4 bed3.5 bath3,482 sq ftBuilt 19400.1 mi20,000 sq ft lot$140/SF
Sold Aug 5, 2025
Subject difference
  • 70 SF smaller
  • 1 fewer bathroom
  • 6,572 SF smaller lot
  • 1 year older
Research comparison noteSimilar size and age, slightly smaller lot
02Sold price$290,000
Property address1702 Raeford Rd, Fayetteville, NC 28305
4 bed3 bath2,730 sq ftBuilt 19240.05 mi15,000 sq ft lot$106/SF
Sold Jun 16, 2025
Subject difference
  • 822 SF smaller
  • 1.5 fewer bathrooms
  • 11,572 SF smaller lot
  • 17 years older
Research comparison noteSmaller size and lot, older construction
03Sold price$500,000
Property address323 Devane St, Fayetteville, NC 28305
3 bed3.5 bath3,206 sq ftBuilt 19350.21 mi18,000 sq ft lot$156/SF
Sold May 16, 2025
Subject difference
  • 346 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
  • 8,572 SF smaller lot
  • 6 years older
Research comparison noteSimilar age, slightly smaller size and lot
Comp methodology: Focused on traditional homes within 0.5 miles in Haymount sold in last 12 months for maximum relevance
Property details

A 1941 traditional on 0.61 acres.

Building

Year built1941
ConstructionBrick Veneer
RoofShingle
Heatingforced air, natural gas
Coolingcentral air

Site & utilities

Lot size0.61 acres
Garageattached_carport
Stories2
ConditionAverage
BasementPartially Finished
FireplaceYes
Improvement notes4 bedrooms, 4.5 bathrooms, hardwood floors, granite countertops, partially finished basement with additional living space and kitchen area
Lot area26,572 sq ft
TopographyLevel
FrontageCorner lot with frontage on Raeford Rd
ParkingAttached Carport
Parking spaces6
Parking notes2-car attached carport plus driveway for additional vehicles
AccessStandard residential driveway from Raeford Rd
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Haymount

Researched nearby locations

Cross Creek Mall (2.5 mi)
Cape Fear Valley Medical Center (1.8 mi)
Fayetteville Technical Community College (2.2 mi)
Festival Park (1.5 mi)
Airborne & Special Operations Museum (1.7 mi)

Location

1703 Raeford Rd, Fayetteville, NC 28305

View in Google Maps
Editorial neighborhood context

Haymount is one of Fayetteville’s most established neighborhoods, prized for mature trees, brick-veneer homes, and walkable streets. Residents value proximity to shopping, healthcare, and cultural destinations — Cross Creek Mall, Cape Fear Valley Medical Center, Festival Park, and the Airborne & Special Operations Museum are all minutes away. Local schools receive strong ratings at the elementary and middle levels, and the area sustains a friendly, small-community feel while remaining convenient to city-wide transportation corridors. Haymount’s steady appreciation and architectural variety attract buyers who want character and civic access in equal measure.

Nearby access summary

Very good access to outdoor recreation with Festival Park and local green spaces within 2 miles, cultural walking routes around the Airborne & Special Operations Museum, plus nearby golf and multi-use trails for running, biking, and leisure.

ElementaryVanstory Hills Elementary (9/10)
Middle schoolR Max Abbott Middle (7/10)
High schoolTerry Sanford High (6/10)
School districtCumberland County Schools
Market context

A factual market snapshot around 1703 Raeford Rd.

Median sale price$450,000
Avg days on market35 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Haymount currently sits in a tightly balanced market that modestly favors sellers. Inventory in the area is roughly 2.5 months — low enough to keep upward pricing pressure but not so scarce as to create bidding-war conditions. The neighborhood’s median sale price is near $450,000, while nearby comparables for traditional single-family homes have closed between roughly $290,000 and $500,000 in the last 12 months; those sales posted price-per-square-foot metrics from about $106 to $156. Average days on market in Haymount runs near 35 days, reflecting steady demand and relatively quick sales when homes are well-priced and show ready.

Single-family homes, particularly larger, historic properties with generous lots, perform especially well here because of limited supply and the draw of top-rated elementary and middle schools. For buyers, this means a realistic window to negotiate but also the need to move decisively once a property meets inspection and financial criteria. Given the property’s size, corner lot, and partially finished basement, 1703 Raeford Rd aligns with buyer priorities in this micro-market and represents an attractive entry point relative to the market-based valuation range of $550,000–$600,000. Sellers should anticipate competitive interest; buyers should plan for timely due diligence including roof, HVAC, and basement condition verifications.

Zoning & land use

Single Family Residential 15

Zoning

Zoning codeSF15
DescriptionSingle Family Residential 15
JurisdictionCity of Fayetteville
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 25'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$170,910
Assessed improvements$401,766
Total assessed$572,676
Assessment year2025
Annual property tax$5,176
Tax year2025

Sale history

2023-05-25$365,000 · $103/SF
2021-10-20$396,000 · $111/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,600/mo
Property address920 Pecan Ave, Fayetteville, NC 28305
4 bed4 bath3,550 sq ft$0.73/SF
Leased Aug 1, 2025
Subject difference
  • 2 SF smaller
  • 0.5 fewer bathrooms
Research comparison noteSimilar size and configuration, updated interior
02Monthly rent$2,400/mo
Property address508 Chesterfield Ave, Fayetteville, NC 28305
3 bed3 bath3,200 sq ft$0.75/SF
Leased Jul 15, 2025
Subject difference
  • 352 SF smaller
  • 1 fewer bedroom
  • 1.5 fewer bathrooms
Research comparison noteSmaller size, but recently renovated
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value of $572,676 aligns with market estimate
  • Zoned SF15 - Single Family Residential 15
  • 4 bedrooms, 4.5 bathrooms, 3,552 SF of living space
  • Built in 1941 with classic architectural features
  • Located in Haymount neighborhood with strong community ties

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify condition of roof and HVAC systems
  • Confirm any zoning restrictions or historic preservation guidelines
  • Professional home inspection
  • Review of basement for potential updates
Highlights & features

What stands out about this property.

Interior Features

  • 4 bedrooms and 4.5 bathrooms
  • Hardwood floors throughout most rooms
  • Formal living and dining rooms
  • Study / home office
  • Granite countertops
  • Cooktop island in kitchen
  • Fireplace
  • Partially finished basement with full bath and kitchen area

Exterior & Lot

  • 0.61-acre corner lot
  • Brick veneer construction
  • Shingle roof
  • Attached 2-car carport plus driveway parking
  • Level topography with mature landscaping potential
  • Frontage on Raeford Rd

Location & Neighborhood

  • Haymount neighborhood — historic, established streetscape
  • Cross Creek Mall (approx. 2.5 miles)
  • Cape Fear Valley Medical Center (approx. 1.8 miles)
  • Fayetteville Technical Community College (approx. 2.2 miles)
  • Airborne & Special Operations Museum and Festival Park nearby
  • Cumberland County Schools district

Walkability & Recreation

  • Walkability Rating: 65/100 — Some walkable amenities
  • Nearby parks and green spaces (Festival Park, neighborhood parks)
  • Hiking and biking routes and museum trails within 2 miles
  • Golf courses within the broader Fayetteville area
  • Running/walking paths and neighborhood sidewalks
  • Community recreation facilities and cultural anchors nearby
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com property listing for 1703 Raeford RdView source
2
RE/MAX property listing for 1703 Raeford RdView source
3
Raleigh Realty property listing for 1703 Raeford RdView source
4
Compass property listing for 1703 Raeford RdView source
5
Homes.com property listing for 1703 Raeford RdView source
6
Redfin property listing for 1703 Raeford RdView source
7
Zillow property listing for 1703 Raeford RdView source
8
Stanley Premier Properties listing for 1703 Raeford RdView source
9
Trulia property listing for 1703 Raeford RdView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.