Sales comparison approach using recent sales of similar townhomes in the area. Adjusted for updates and location. Assessed value of $284,384 appears below market.
Updated 2-Bed Townhome with Finished Bonus Room Near NC State
What sets this West Raleigh townhome apart is the third-floor finished bonus area — a light, private retreat that functions as an office, studio, or lofted guest room. Inside 1,283 square feet you’ll find thoughtful modern updates: bamboo LVP floors underfoot, granite countertops in the kitchen, stainless steel appliances, and a welcoming wood-burning fireplace in the living area. The home’s clean lines and recent upgrades give it a fresh, move-in-ready feel without sacrificing character.
The main-level layout centers on daily living and entertaining. A practical kitchen opens to the living and dining zones, where the fireplace creates a comfortable focal point for cooler evenings. Two bedrooms and 2.5 baths are arranged for privacy and convenience, while abundant closet space and practical finishes keep maintenance low. The third-floor bonus expands usable square footage beyond the standard two-story plan — perfect for a work-from-home setup or a dedicated hobby room.
Outside, the property sits on a compact, level 0.05-acre lot with assigned parking (two spaces) and standard residential access from Powell Drive. With no attached garage, owners enjoy low exterior maintenance and the freedom of a lock-and-leave townhome lifestyle. The HOA fee of $209/month helps cover shared maintenance and common-area management.
Location is a standout: NC State University is roughly 1.5 miles away, PNC Arena about 2.5 miles, and downtown Raleigh sits at approximately 3 miles — convenient for events, campus life, and city amenities. Highly rated local schools include Adams Elementary, Lufkin Road Middle, and Athens Drive High, making this an attractive option for buyers who prioritize education quality. Listed at $319,900 ($249/sf) and supported by recent nearby sales of similar units, this property represents a compelling balance of modern updates and strong location fundamentals for primary residents or investors targeting the steady West Raleigh rental market.
See the properties helping shape the valuation.
Comparable sales
- 7 SF larger
- 1,742 SF larger lot
- Same year built
- 29 SF smaller
- 3,049 SF larger lot
- Same year built
A 1985 traditional on 0.05 acres.
Building
Site & utilities
West Raleigh
Researched nearby locations
Location
710 Powell Dr Unit C, Raleigh, NC 27606
West Raleigh blends convenient city access with a residential atmosphere favored by students, young professionals, and families. This pocket offers short drives to NC State, PNC Arena, and downtown Raleigh while retaining neighborhood streets and modest lot sizes. Local public schools in the Wake County system earn strong ratings, and the area’s steady population growth has driven consistent demand for well-located townhomes and single-family homes. Expect a lively, serviceable neighborhood with easy routes to highways, transit corridors, and campus life.
Very good access to recreation: close to NC State campus amenities, event venues at PNC Arena, and a variety of neighborhood parks and community green spaces for daily walks and recreation.
A factual market snapshot around 710 Powell Dr Unit C.
Local market indicators point to a seller’s market with limited inventory and steady appreciation. Wake County’s West Raleigh corridor is currently showing about 2.5 months of inventory and an average days-on-market near 47 days — conditions that favor sellers but still allow well-priced, updated homes to attract competitive offers. The neighborhood’s median sale price sits around $408,000, and one-year appreciation is approximately 6.5%, while five-year appreciation is near 25%.
Townhomes in this pocket perform well: recent sales of nearby units in the same complex and immediate area clustered around $310K–$330K, making this listing’s $319,900 price consistent with market comparables. Rental demand is strong as well; a recent lease comp and rental estimate place monthly rent near $1,800, yielding a gross rental rate around 6.7% — attractive for investors seeking near-term cash flow and proximity to NC State’s student and professional renter pool.
For buyers, now is a strategic window to act: low inventory increases competition, and updated, turnkey townhomes like this one move swiftly. For investors, the below-market assessed value and proven rental demand present an opportunity to capture upside while covering carrying costs. Always confirm current HOA rules, budget for potential system upgrades given the 1985 build year, and move quickly on well-priced options in this micro-market.
Residential-6
Zoning
Research-indicated uses
- Single Family
- Townhouse
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- Listed for sale at $319,900 ($249/SF)
- Assessed value $284,384 (land $95K, improvements $189,384) — annual taxes $2,500
- Zoned R-6 allowing single-family and townhouse uses
- Comparable sales within 0.5 miles in last 6 months range $310K–$330K
- Average days on market in area: 47 days (seller's market)
What stands out about this property.
Interior Features
- 2 bedrooms, 2.5 bathrooms
- Finished third-floor bonus area (flex workspace/loft)
- Bamboo LVP flooring throughout main living areas
- Granite countertops
- Stainless steel appliances
- Wood-burning fireplace
- Central air and heat pump
- Forced air heating
Exterior & Lot
- Lot size: 0.05 acres (approx.)
- Level topography
- Assigned parking (estimated 2 spaces)
- Standard residential frontage on Powell Drive
- Low exterior maintenance — no attached garage
Location & Neighborhood
- West Raleigh neighborhood
- NC State University (approx. 1.5 miles)
- PNC Arena (approx. 2.5 miles)
- Downtown Raleigh (approx. 3 miles)
- Wake County Public School System
Walkability & Recreation
- Walkability Rating: 65/100 — Somewhat Walkable
- Convenient access to university and city amenities
- Nearby green spaces and community recreation options
- Short drives to event venues and downtown dining
- Community-oriented streets with residential character
Sources & research confidence.
See where the property research came from and how confidence varies by field.