Hidden Gem, Acreage
6-Bedroom Wisconsin Fixer with New Mechanicals and Finishing Materials Included — $100,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 8 | 6BR/3BA, 2020 sqft, 0.83 acres, country setting — size and land are genuine |
| Condition | 25% | 6 | Mechanicals replaced (furnace, well pump, HWH); interior finish work incomplete |
| Price / Sq Ft | 15% | 9 | $50/sqft listing vs $144/sqft zip median — 65% below; thin 6-comp basis noted |
| Price vs. Market | 5% | 9 | $100K vs $239,930 zip median — 58% below; directional given thin market data |
| Market Conditions | 5% | 6 | DOM 175 vs median 64; 29% price drops; sale-to-list 98.5% — mild buyer signal |
At $50 per square foot, this house costs about a third of what comparable square footage goes for in its zip code. That gap is the whole story, and the reason to look closely.
It's a 1985 house, six bedrooms, three baths, 2,020 square feet on 0.83 acres just north of Richland Center. For a family that needs space, the room count alone is hard to find at this price. Six bedrooms in rural Wisconsin for $100,000 means someone could actually have a home office, a guest room, and still have bedrooms for kids. That's not nothing.
The house is a fixer. The seller has been upfront about that, and the 175 days on market reflects it. Interior finish work is incomplete, which means you're walking into a project. The question is how much of a project, and here the listing gives you something useful: the seller is including the materials they already bought to finish it. Kitchen cabinets, granite countertops, doors, windows, trim, insulation. That's a real pile of stuff, and it means someone before you already made purchasing decisions and spent money. You inherit the labor cost, but you skip a chunk of the material cost.
The mechanicals have been replaced, which matters more than it sounds in a fixer. New furnace with a 10-year warranty and a 20-year warranty on the heat exchanger. New well pump. New water heater. The systems that fail expensively and quietly are the ones that can turn a project house into a money pit. Having those replaced and under warranty changes the risk profile of buying something unfinished.
The acreage is modest but real. Just under an acre in a country setting gives you some separation from neighbors and room outside that a town lot doesn't.
What you're buying is space, land, and an incomplete interior with the materials to finish it sitting in the house. The price assumes you'll do the work. If you can, the math is favorable.
