under $150,000 cheap property Horseheads New York
$
139,900
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Horseheads, New York
1967 Grand Central Ave
2
Beds
1
Baths
834
Sq Ft
1945
Built

Character Home, Garage, Historic, Finished Basement

1945 Horseheads House on a Double Lot with Rear Access and Blue Metal Roof — $139,900

6

out of 10

HousesUnder150K Score

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

CategoryWt.ScoreDetail
Property Merit50%7Double lot, detached garage, hardwood floors, 1945 character; small at 834 sqft limits merit
Condition25%7Fresh paint, new kitchen/bath flooring, 2021 water heater; roof type noted but no HVAC date
Price / Sq Ft15%5Listing $168/sqft vs zip median $139/sqft — 21% above median; thin 8-comp data
Price vs. Market5%3$139,900 vs $273,332 zip median — 49% below, but zip likely skewed by larger/newer homes
Market Conditions5%5101.4% sale-to-list and 2-day DOM signal competitive market; floor applied at 5

The double lot is the thing. At 834 square feet inside, the house itself is small, two bedrooms and one bath, the kind of footprint that makes you think carefully about what you actually need. But the property runs deep enough to front two streets, with driveway access coming in from Rockwell Ave at the rear. That rear access keeps cars and parking off the front of the house entirely, which changes the feel of the whole lot. There's a detached garage back there too, with room left over for a real yard, garden space, whatever you want to do with it.

Inside, the hardwood floors are the best part. They run through both bedrooms and carry natural woodwork throughout, the kind of detail that took effort to put in originally and tends to hold up well when it's been maintained. Fresh paint throughout, new flooring in the kitchen and bathroom, and a 2021 water heater give the house a cared-for baseline without any of it feeling like a renovation. The kitchen has been updated at the floor level and has a new hood fan. The full basement adds laundry and storage or workshop space, which matters a lot in a house this size.

The blue metal roof is hard to miss. It reads as a considered choice, not an accident, and it means maintenance on that front is minimal for a long time.

What gives you pause is the price per square foot. At $168, it runs about 21 percent above the zip code median for comparable sales. The house is small enough that the math starts to show. You are paying partly for the lot, the garage, and the 1945 character, and those are real things, but a buyer should go in clear-eyed about what the numbers reflect.

What the double lot makes possible is the better argument. Room to add, room to grow into, room to park without seeing it from the front door. For a first house or a scaled-down one, this is a lot of land for what is, in the end, a pretty manageable price.

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