Renovated, Historic
1945 Corinth Bungalow, Fully Redone from Roof to Floors — $138,500
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 | 1945 home, 1200 sqft, 3/2, small lot, downtown adjacent, no standout acreage or water |
| Condition | 25% | 8 | Fully remodeled — new HVAC, kitchen, baths, floors, paint, deck; roof replaced recently |
| Price / Sq Ft | 15% | 3 | Listing $115/sqft vs zip median $64/sqft — listing runs 80% above median |
| Price vs. Market | 5% | 7 | $138,500 vs zip median $222,385 — approximately 38% below market median |
| Market Conditions | 5% | 6 | DOM 81 days, sale-to-list 96.8%, price drops 48.6% — clear buyer's market signal |
Everything in this house is new. Not new-ish, not updated — new. Kitchen, both bathrooms, flooring, paint, fixtures, mini-split HVAC throughout, deck out back, porch boards up front. The roof was replaced a few years ago. For a house built in 1945, that's a clean sweep. Someone put real money into this before listing it.
At 1,200 square feet and three bedrooms, two baths, this is a straightforward house. Nothing oversized, nothing elaborate. It's the kind of footprint that works for a small family, a couple who wants a dedicated guest room, or someone moving back to Corinth who needs a place that's ready to live in without a project list waiting on the other side of closing.
The price per square foot is where this gets complicated. At $115 per square foot, you're paying 80 percent above the zip code median of $64. The renovation cost is real, and it's baked into the ask. What you're buying is a 1945 house where someone else absorbed the labor, the materials, and the decision-making. That has value, but you're paying for it.
The flip side is that $138,500 sits roughly 38 percent below the zip code's median sale price of $222,385. So relative to what homes in Corinth are actually selling for, this one is priced low. A few blocks from downtown, fully redone, under $140,000 — that's a reasonable deal in this market even with the per-square-foot premium.
The lot is small and there's nothing notable about the land. The location near downtown Corinth is the other asset here. If walkability or proximity to the business district matters to you, this delivers that without charging for it.
The market has been slow on this one — 81 days listed, nearly half of active listings in the area have taken price cuts. That gives you room to negotiate if the ask feels tight.
