Renovated, Historic
1900 Marinette One-Story with Major Updates Done — $114,900
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 6 | 1900 build, 3BR/1BA, 972 sqft, deck, fenced yard, one-level living |
| Condition | 25% | 8 | Multiple named updates 2015–2022; "little TLC" suggests cosmetic work only |
| Price / Sq Ft | 15% | 7 | Listing $118/sqft vs zip median $126/sqft; ~6% below, thin 8-comp data |
| Price vs. Market | 5% | 8 | $114,900 is ~41% below zip median $195,942; strong undercut |
| Market Conditions | 5% | 6 | DOM 59, sale-to-list 99.3%, price drops 26.3% — mild buyer advantage |
This house sits 41% below the zip code's median sale price. That number is worth sitting with for a second. In a market where homes are closing at a median of around $196,000, you are looking at a finished, updated, three-bedroom house at $114,900. That gap either signals a problem or a price. Here, based on what's been put into it, it leans toward price.
The work that costs the most and disrupts the most has already been done. Windows and patio door replaced in 2022. HVAC updated in 2015. Water heater in 2022. Kitchen redone in 2017 with maple cabinets and new flooring. And in 2019, a full Sure-Dry waterproofing system with a sump pump was added to the basement. That last one matters in a 125-year-old house. Basement water management in an older home is exactly the kind of deferred problem that turns a cheap house into an expensive one. Somebody handled it.
The house is 972 square feet with three bedrooms and one bath, all on one level. It was built in 1900. At that size, with that footprint, this is a small house. That is the honest version. Three bedrooms in under a thousand square feet means the rooms are tight. One bathroom means mornings require coordination. If you are a single person, a couple, or a small family comfortable with a compact floor plan, the layout works. If you need space to spread out, this is the wrong house.
Outside there is a deck and a fenced yard. Both are useful and both take real money to add if you are starting from scratch.
The agent copy mentions "a little TLC," which probably means cosmetic work, paint, maybe some finish details. The bones here have been addressed. What is left is the surface, and surface work is the cheapest kind.
At $118 per square foot against a zip median of $126, this house is priced below the market on a per-foot basis too. It has been sitting 59 days. Some of that might be the size. Some might be the cosmetics. Either way, the price reflects it, and that is what makes this worth a look.
