Renovated, Historic, Character Home, Garage, New Roof
1910 Lincoln Ranch, Fully Renovated Systems, 1.5-Stall Garage — $107,900
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 | 1910 ranch, 926 sqft, 1.5-stall garage, urban lot — no acreage or view |
| Condition | 25% | 8 | Fully renovated; roof, windows, gutters 2018, furnace 2018, AC 2019 — strong specificity |
| Price / Sq Ft | 15% | 7 | Listing $116/sqft vs zip median $141/sqft — 18% below; 3 comps, directional only |
| Price vs. Market | 5% | 1 | $107,900 vs zip median $315,364 — 66% below, but zip skewed by non-comparable sales |
| Market Conditions | 5% | 7 | DOM 61 days, sale-to-list 95.9%, 30.8% price drops — clear buyer's market signals |
The roof, windows, and gutters were replaced in 2018. The furnace went in the same year. The AC followed in 2019. The sewer line has been updated. On a 926-square-foot, two-bedroom house built in 1910, that list of completed work is the whole story, and it's a good one. You're looking at a small house where someone already did the expensive part.
At $116 per square foot, it's running about 18% below what comparable homes in the zip code are selling for. The zip-wide median looks dramatic on paper, pulled up by sales that don't have much to do with this house, but even against the tighter comps, the price holds up.
The house itself is a 1910 ranch on an urban lot. No acreage, no view. One bath, two bedrooms, 926 square feet of living space. It's small, and there's no getting around that. A couple without kids, a single person, or someone who wants a low-overhead home in Lincoln with an actual garage can make this work. The 1.5-stall garage is a meaningful addition at this size and price.
The 1910 build means there's some age to the character of the place, which can be good or limiting depending on what you want. The renovation work addresses the systems, but a house this old still carries the layout and proportions of its era.
The market context here matters. This property sat 61 days before its price settled, and the neighborhood is showing about 31% of listings taking price cuts. That's a buyer's market. The sale-to-list ratio is running around 96%, so there's some room in the number.
What $107,900 gets you in Lincoln is a structurally sound, freshly mechanicked small house with covered parking and no immediate repair obligations. That's a straightforward entry point for someone who wants a home without a project waiting on the other side of closing.
