Kansas house under 150K Great Bend
$
149,900
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Great Bend, Kansas
1407 22nd St
3
Beds
1
Baths
1061
Sq Ft
1953
Built

Renovated, Garage

1953 Great Bend Ranch on Two Lots, Fully Updated — $149,900

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%61961 sqft two-lot parcel, 3BR/1BA, 1061 sqft; room for shop build-out
Condition25%7Roof, siding, windows, electrical all recently updated; specificity earns confidence
Price / Sq Ft15%5Listing $141/sqft; zip median PSF unavailable — neutral score applied
Price vs. Market5%4At $149,900 vs $147,407 median — essentially at market, no meaningful discount
Market Conditions5%889.9% sale-to-list plus 42.4% price drops signals strong buyer leverage

The work is already done. That is the first thing worth knowing about this place. New roof, new siding, new windows, upgraded electrical panel, whole-house water filtration. Most houses at this price in this range make you choose between the cosmetic stuff and the structural stuff. This one handled both.

The house itself is small. 1,061 square feet, three bedrooms, one bath, built in 1953. At that size the rooms are going to be tight, and there is no getting around the single bathroom. But the bones have been addressed in a real way. The electrical panel is upgraded, which matters more than most buyers realize until they start pricing it out mid-renovation. The windows are energy efficient, which in Kansas means your utility bills will reflect the difference. The filtration system is a nice addition that tends to disappear into the background once you stop thinking about it.

What gives this property room to grow is the land. Two full lots, 0.32 acres total. That is real space in a town this size. If you need a garage or a workshop, there is room to build one without crowding the house. That is a meaningful thing to have at your disposal, especially if you have tools, equipment, or hobbies that need a home.

The price is essentially market rate. At $149,900 against a local median of around $147,400, you are not getting a discount. You are paying for a house that has already been updated, which is a different calculation than buying cheap and fixing it yourself. Whether that trade makes sense depends on what your time and contractor costs look like. What the market data does show is that buyers in Great Bend have leverage right now. More than four in ten listings have dropped their price, and homes are selling below ask. That is worth knowing before you write an offer.

This is a small, clean, updated house on more land than you would expect. The upside is that it is ready. The question is whether ready is worth market price to you.

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