Acreage, Garage
Two Acres, Two-Car Garage, Rural Maine — $92,500
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 2 acres, two-car garage, 3BR/1BA, 1990 build — acreage floor qualifies |
| Condition | 25% | 5 | "Needs some work / build equity" signals cosmetic-to-moderate work, no system specifics |
| Price / Sq Ft | 15% | 8 | $73/sqft vs $104/sqft zip median — ~30% below; thin at 6 comps but directional |
| Price vs. Market | 5% | 8 | $92,500 vs $184,920 median — ~50% below zip median, strong discount signal |
| Market Conditions | 5% | 8 | DOM 50, sale-to-list 92%, price drops 36.1% — clear buyer's market |
At $92,500, this is about half the median sale price in the zip code. Half. That is a wide gap, and it does not happen by accident — the house needs work. But the land and garage are already there, and those are the things that cost real money to add later if they are missing.
The property is a 1,272-square-foot, three-bedroom, one-bath house built in 1990, sitting on two acres in Woodland, Maine. The two-car garage is attached or nearby — the listing does not specify which, but it is part of what you get. For rural Maine, that combination of land, garage, and a three-bedroom footprint at this price is a concrete thing.
The condition is the honest part. The agent description says "needs some work" and "build equity as you go," which is real estate shorthand that covers a wide range. It could mean paint and floors. It could mean more. There are no system specifics in the listing — no mention of the roof, mechanicals, or utilities — so you would need an inspection to know what you are walking into before committing. That is the variable this listing turns on.
The market is running in your favor right now if you are a buyer here. Days on market are sitting at 50, price drops have happened on 36% of listings in the area, and homes are closing around 92% of list price. Sellers are negotiating. That means $92,500 might move, and at $73 per square foot against a zip median closer to $104, there is room built in even before you start talking.
Two acres in rural Maine gives you room to do something. Garden, outbuilding, animals, just space between you and the next house. The garage means you can work on things, store equipment, keep a vehicle out of the weather. If the house checks out structurally and the work is manageable, this is a place you can grow into without spending yourself into a corner before you start.
