1920 New London Bungalow, 4 Bedrooms, Fenced Yard — $145,000

Four bedrooms in a 1920 bungalow for $145,000 is the kind of thing that makes you do the math twice. It works out to about $80 a square foot, which is low enough that you can afford to fix whatever needs fixing and still come out ahead.

The house is 1,808 square feet, which is a real amount of space. Bungalows from this era tend to be laid out in a way that makes sense — rooms with walls, a kitchen that connects to somewhere, a living room big enough to use. The eat-in kitchen here suggests you get a kitchen with actual room in it, the kind where you can have a table and not feel like you're eating in a hallway. The living room is described as large, and given the square footage, that probably holds up.

The character details are the part worth paying attention to with a house this age. 1920 is old enough that there's likely some original trim work, maybe wood floors under whatever's on top now, proportions that newer construction skips entirely. The agent copy leans hard on words like "warm" and "welcoming" and "timeless appeal," which tells you they're selling the feeling of the house rather than specific features. That's either because the specific features are hard to photograph, or because the house needs work and atmosphere is easier to pitch than condition. Worth asking directly when you walk through.

The backyard is fully fenced, which matters if you have a dog or kids or just want a yard that stays yours. In a town like New London, you likely have some actual lot size to work with, so the fence probably encloses a usable space rather than a postage stamp.

One bathroom for four bedrooms is the trade-off. That's the original layout of the house and it's tight for more than two people. Whether that's a dealbreaker depends entirely on who's living there.

The price is the thing. At $145,000, you have room in the budget to put money into it.