Historic, Character Home, Garage
1908 Akron Home with Detached Garage, 37% Below Zip Median — $79,900
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1908 home, 3BR/1BA, 1090 sqft, detached garage, historic floor qualifier applies |
| Condition | 25% | 6 | "Recently updated" with no system specifics; no as-is language; condition uncertain |
| Price / Sq Ft | 15% | 9 | $73/sqft listing vs $117 zip median; 37% below — meaningful signal despite 7 comps |
| Price vs. Market | 5% | 10 | $79,900 vs $224,903 zip median — 64% below; thin rural market, directional only |
| Market Conditions | 5% | 8 | 91-day median DOM, 93.3% sale-to-list, 31.3% price drops — clear buyer's market |
At $73 a square foot in a zip where the median runs $117, this 1908 house in Akron, Colorado is priced in a way that makes you look twice. That gap is wide enough to matter even accounting for condition uncertainty, a thin rural market, and whatever "recently updated" actually means when nobody specifies which systems got touched.
The house is 1,090 square feet with three bedrooms and one bath. Built in 1908, which means it qualifies under historic floor criteria and likely has the kind of woodwork and proportions you stopped getting in tract construction decades ago. Whether those details are intact or covered over is the question the listing photos will answer faster than the agent description will. The write-up says "recently updated" and stops there. No mention of roof age, HVAC, electrical, plumbing. That vagueness is worth factoring in before you get attached to the number.
The detached one-car garage is a real asset. In a cold climate, covered parking and separate storage matter. And the location gives you quick access to Highway 34 with retail nearby, which in a small rural town is the difference between manageable and inconvenient.
The market here is slow and tilted toward buyers. Median days on market is 91. Over 31% of listings have taken price cuts. Sale-to-list ratio is 93.3%, which means sellers are already negotiating. If the house has sat at $79,900 for a while, there may be room to move.
The honest downside is that the listing tells you almost nothing about condition. "Recently updated" covers a lot of ground from full renovation to fresh paint over old problems. A thorough inspection is the whole game here. There is also a lender pre-qualification requirement specific to the seller before offers get accepted, so read that process carefully before you spend time on it.
For someone who can do that homework, a 116-year-old house with a garage for under $80,000 is the kind of starting point that is genuinely hard to find at this price.
