Character Home
1959 Bisbee Workshop House with Mountain Views — $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% | 7 | Mountain views, workshop, fenced yard, no HOA, Bisbee arts-town location |
| Condition | 25% | 6 | 1959 build, no system dates mentioned; description is pleasant but thin on specifics |
| Price / Sq Ft | 15% | 8 | $140/sqft vs $190/sqft zip median — 26% below; 8 comps, directional signal |
| Price vs. Market | 5% | 9 | $150K vs $276K zip median — 46% below; strong discount even accounting for size |
| Market Conditions | 5% | 7 | DOM 100 days, 30.5% price drops, 96.3% sale-to-list — clear buyer's market |
At $150,000 in Bisbee, you are paying about half of what houses in this zip code typically sell for. The median sale price runs around $276,000. Even accounting for the size — 1,072 square feet, two bedrooms, two baths — the per-square-foot number comes in 26% below the local median. In a town with real demand for the lifestyle it offers, that gap is the story.
Bisbee is a former copper mining town turned arts community in the mountains of southeastern Arizona. It draws people who want something different: elevation, visual character, a place that has its own identity. This house is in that town, on a fenced lot with mountain views and no HOA controlling what you do with it.
The property includes a separate workshop, which is the kind of thing that disappears in renovation or gets absorbed into living space in most listings at this price. Here it is still standing, still separate. If you work on things, build things, or just need a place to think outside the main house, that matters. A patio and mature landscaping round out the lot.
Inside, the layout is straightforward: living area, kitchen with adjacent dining space, a primary bedroom described as spacious. The agent description is thin, and there are no system dates mentioned for HVAC, plumbing, or roof. The house was built in 1959 and the listing does not tell you what has been updated since. That is the plain truth of it. You would want to look closely at anything you could not see in photos, and budget for the possibility that some systems are original or close to it.
The house has been on the market for 100 days, and the asking price has already been reduced. The seller is in a buyer's market and has been there for a while. That is useful information when you sit down to write an offer.
What the price buys you here is a foothold in a place people want to be, with a yard, a workshop, and views, at a number that leaves room for whatever the 1959 infrastructure turns out to need.
