Completely renovated in 2024 - with a new roof, windows, heat pump, water heater, and more - this beautifully updated ranch offers the ease of one-level living in a peaceful, private setting. Featuring 3 bedrooms and 1.5 bathrooms, the home blends modern updates with comfortable functionality throughout. The unfinished basement provides an incredible opportunity to nearly double the home's square footage--perfect for future expansion, a recreation space, home office, or whatever your vision may be. It truly serves as a blank canvas ready to be customized to fit your needs. Situated on just over three-quarters of an acre, the property offers a spacious yard along with a large driveway, providing ample parking and convenience. There is also direct access to a scenic bike trail at the rear of the property adding even more appeal for outdoor enthusiasts. Enjoy the tranquility of a quiet setting while still being within reach of everyday amenities. Move-in ready with room to grow--this is a rare opportunity you won't want to miss!
Garden City, located between Melrose Avenue NW and Peters Creek Road NW, is a residential and industrial Roanoke neighborhood with rail-side streetscapes and working-yard backdrops. The neighborhood’s character concentrates around the Melrose Ave NW corridor near the Peters Creek Rd NW junction, where auto shops, small storefronts, and warehouse bays set a practical, hands-on tone. Community pillars nearby include the Berglund Center for big-ticket events, the Taubman Museum of Art for gallery-going, and the historic Grandin Theatre for a classic marquee night out. Housing reads as modest, with compact lots and straightforward facades that match the area’s utilitarian rhythm. Green breaks come via the Roanoke River Greenway, linking walks and bike rides to the wider city. The setting feels grounded and workaday, with downtown’s skyline appearing just beyond the tracks.
Provided by Walk Score and Local Logic
Market insights
3988 Welcome Valley Rd SE · $294,950
DAYS ON MARKET
149 days
The average home goes pending in 29 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
LIST PRICE
$294,950
Median sale price in this area is $251,176. (15% lower than this home)
PRICE DROP
1 price drop
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Eight total rooms
Two fireplaces
Bedrooms
Three bedrooms (all on the main level)
Bathrooms
One full bathroom
One half bathroom
One main-level bathroom
Kitchen
Built-in microwave
Flooring
Wood flooring
Heating & cooling
Heat pump (electric) for heating
Cooling system present
Exterior features
Off-street parking
Lot measures approximately 0.78 acre
Home design
Residential property
Parking
Off-street parking
Construction
Built in 1972
Utilities
Has heating and cooling
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 3988 Welcome Valley Rd SE
Sale History
Tax History
Date
Event
Price
MLSRV #926056
Aug 28, 2026
Pending
—
Apr 20, 2026
Price Changed
$294,950
$112/sq ft
Apr 1, 2026
Listed
$299,950
$114/sq ft
MLSRV #903548
Dec 15, 2023
Sold
$140,000
$53/sq ft
Nov 30, 2023
Listing Removed
—
Nov 29, 2023
Listed
$175,950
$67/sq ft
Great investment opportunity!
Public Records
Jul 20, 1976
Sold
$32,500
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,243 (+23.6%)
$29,300 + $206,200
$235,500
2024
$2,624 (+3.1%)
$21,500 + $164,700
$186,200
2023
$2,546 (+16.4%)
$21,500 + $160,500
$182,000
2022
$2,187 (+6.2%)
$21,500 + $160,500
$182,000
2021
$2,060 (+4.6%)
$21,500 + $133,300
$154,800
2020
$1,968 (+4.7%)
$20,500 + $126,100
$146,600
2019
$1,879 (+4.2%)
$19,500 + $120,700
$140,200
2018
$1,804 (+5.6%)
$18,300 + $114,600
$132,900
2017
$1,708 (+1.8%)
$18,300 + $109,300
$127,600
2016
$1,678 (+7.8%)
$18,300 + $106,900
$125,200
2014
$1,556
$18,300 + $108,300
$126,600
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.79 Acres
Year renovated
—
Finished Sq. Ft.
1,468
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,468
Year built
1972
Style
Single Family Residential
County
Roanoke City
APN
4520108
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
R-12
Residential District
The purposes of the R-12 districts are to provide a range of housing options and to provide opportunities for compatible home-based entrepreneurship. Dimensional and supplemental regulations implement standards that control building form building placement and other characteristics of development. These districts cover the majority of the City's land area and contain most of Roanoke's housing supply
Permitted uses
Include but are not limited to:
Garden center
Housing
Infrastructure
Communications tower
May 10, 2003 • Final
Mechanical
Install a new gas line to the house.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Roanoke, VA • 24014
Average low and high temperatures (°F)
43
26
50
32
67
43
74
52
74
56
86
65
88
70
80
64
79
60
71
48
61
42
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
47/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
7 hrs
1.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3988 Welcome Valley Rd SE
$289,696
$5,254 under list price of $295K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $381K.