1949 Greenfield Gut Renovation on Half-Acre Corner Lot — $129,900

The whole house was taken apart and put back together. New roof, new HVAC, new water heater, new windows, new siding, new flooring. When a renovation goes that deep on a 75-year-old house, you're essentially getting new systems inside an old shell, and at 840 square feet, there's not much shell to worry about.

The footprint is small. Two bedrooms, one bath, and a main level that covers the basics without much extra room. What changes the math a little is the upstairs space, which the listing calls a flex room. It could work as a third bedroom, an office, storage, or a place to put the stuff that has no place. How finished or usable it actually is beyond its square footage, the listing does not say.

The lot is more interesting than the house in some ways. A little over half an acre on a corner gives you real outdoor room, and the listing mentions shade trees, so you are getting some cover rather than just open sun. Outside city limits means no city taxes, which adds up over time.

The location puts you between Martin and McKenzie, both commutable. That matters if you need to reach either town for work and want to keep your housing costs low. At $129,900 for a fully redone house on a half-acre, the cost per square foot is high, but the renovation scope and the lot size are doing most of the work in justifying the number.

What you are buying here is a small house that has been thoroughly updated, on a lot that gives you room to breathe, in a spot that sits outside town without being isolated. The house will not feel roomy. The systems will not need immediate attention. The lot will give you options. Whether that trade is worth it depends on what you need more of.