Buying a home for less than $100,000 isn’t just some tall tale your granddad might tell, evoking an era when all it took to secure a mortgage was a firm handshake with the local banker. In fact, cut-rate home-buying opportunities still exist—if you know where to look.
Never daunted in our quest for housing discounts, we scoured listings nationwide to find 10 homes on the market with five-digit price tags.
Despite their relative rarity, there are still plenty of lovely, move-in ready residences that are affordable. Ranches with rolling lawns, remodeled flips, and roomy family homes can all be picked up right now for a relative song.
Harmonize along with us as we take a look at where you’ll find home-buying bargains…
Gulfport gem: This brick ranch packs in a lot of bang for the buck. A buyer will acquire three bedrooms, 1.5 bathrooms, plus a bonus room, on a large corner lot with a fenced yard and workshop. Built in 1966, the home has new countertops and new flooring in the kitchen, living room, and bathrooms. New windows and A/C units have been installed within the past five years, making this property a move-in ready bargain.
Carolina cool: Freshly renovated with a new roof and new infrastructure, this cute little cottage is being sold as is. Built in 1940, it features two bedrooms, one bathroom, and nearly 1,200 square feet. The large lot gives the home a big yard for playtime and is located in a neighborhood close to shopping and freeway access.
Guthrie bungalow: Built in 1960, this bungalow has had several recent updates in its two bedrooms, one bathroom, and nearly 1,200 square feet. Filled with natural light, the home has plenty of storage and comes with washer and dryer. The converted garage includes heat and air, tile floors, and its own entry. Outside, the home’s large, quarter-acre corner lot is filled with mature trees.
Detroit dream: This brick ranch-style home was built in 1952 and features several recent updates, including new paint, flooring, windows, and electrical system. Inside are three bedrooms, 1.5 bathrooms, and just under 1,000 square feet of living space. It also has a fully finished basement and backyard deck for entertaining. The sale includes a one-year home warranty and newer stainless-steel appliances.
Washburn winner: This little red ranch charmer in Northern Maine has two bedrooms, one bathroom, and 900 square feet of living space. Up near the Canadian border, the home has an attached garage and sits on a large corner lot with landscaping. Recent updates include electrical, roof, deck, and gutters.
Colorado cozy: Built in 1965, this two-bedroom, one-bathroom home is spread over a petite 760 square feet. It’s been updated with new carpet, furnace, duct work, paint, and remodeled bathrooms. A new roof is coming soon, so you can move right in for a steal.
Must-see in Missouri: This classic rancher was built in 1968, but one look inside, and you’ll think it’s brand-new. The three-bedroom, one bathroom, 1,000-square-foot home has all-new everything. We’re talking new hardwood floors, kitchen cabinets and backsplash, crown molding, bathroom, paint, carpet, and back deck.
Loves Park lovely: This cheery yellow, one-and-a-half-story home was built in 1945. Just under 1,300 square feet, it has three bedrooms and a single bathroom. An addition expanded the kitchen, creating a large, eat-in space with plenty of storage. Recent updates include new windows, roof, and a remodeled bathroom. Outside, the large yard also includes a garden shed for extra storage.
Loves Park, IL
Latah loft: Built in 1910, this large studio loft was once retail space. It includes a roomy 2,000 square feet of living space, including a main floor with 14-foot ceilings and a full, unfinished basement. The open floor plan features updated solid wood floors throughout. The property also includes a landscaped yard with sprinkler system and is zoned for retail as well as residential use.
Becket bargain: This property began its life in 1971 as a mobile home, but has since been converted into a permanent residence on a foundation. The living, dining, entry, and family room are wood-frame construction, and a porch and shed were added in the 1990s. The resulting two-bedroom, one-bathroom, home of 1,200-plus square feet sits on a half-acre in an area designated as a Natural Heritage and Endangered Species priority habitat.
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Source: Housing Trends Feed