Acreage, Historic
1800 Colonial on 6.83 Acres in Western MA — $150,000
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 9 | 1800 colonial, 6.83 acres, 2151 sqft, 4BR/2BA — acreage and historic floors triggered |
| Condition | 25% | 5 | Minimal description, no system dates; 224-year-old home warrants caution without inspection |
| Price / Sq Ft | 15% | 10 | Listing $70/sqft vs zip median $223/sqft — 69% below; thin 8-comp data noted but directionally strong |
| Price vs. Market | 5% | 8 | $150K vs $224,934 zip median — approximately 33% below median sale price |
| Market Conditions | 5% | 6 | DOM 157 vs zip median 57; 35.3% price drops signals buyer leverage; sale-to-list 98.5% |
The price is the first thing that stops you. At $150,000 for a 224-year-old colonial on nearly seven acres in Massachusetts, you're looking at something that has either been badly mispriced by the market or needs more work than the listing lets on. Possibly both. The asking price lands at $70 per square foot in a zip code where the median is $223. That spread is wide enough to matter.
The house itself is 2,151 square feet, four bedrooms, two bathrooms, built in 1800. The agent description is five sentences long and tells you almost nothing beyond the room count and that the lot is over six acres. There are no system dates, no mention of when the roof was last done or the heat updated or the plumbing touched. On a house that's been standing since John Adams was president, that silence is worth paying attention to.
What you get for the money is the land and the structure. Six point eight three acres in western Massachusetts is real room — space for a garden, a barn, animals, a second building eventually. The lot alone justifies serious attention at this price. The house has four bedrooms and two baths across 2,151 square feet, which gives a family room to spread out without feeling stacked on top of each other.
The condition score is a real question mark. The listing has been sitting for 157 days, which is nearly three times the zip median of 57, and the price has dropped 35 percent from wherever it started. That history tells you something. Buyers have looked and walked. That could mean cosmetic work or it could mean something structural. You need a thorough inspection before this makes any sense.
But at $150,000, there is room in the math to absorb significant work and still come out ahead. The zip median sale price is $224,934. If you can get this house to livable and hold it, or if you can put in the work yourself, the price creates real cushion. That is the case for this one. It is not a finished product. It is a project with land in a state where land costs money.
