
Acreage, Barn
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 | 2.48 acres, four animal barns, sweeping valley and mountain views, horse property |
| Condition | 25% | 4 | "Needs updating," "solid bones," "ready for remodeling" — no system dates, investor-adjacent language |
| Price / Sq Ft | 15% | 1 | Listing $146/sqft vs zip median $96/sqft — listing runs 52% above median |
| Price vs. Market | 5% | 9 | $140K vs $305K zip median — 54% below; thin 2-sale market, treat as directional |
| Market Conditions | 5% | 5 | Floor applied; 110.6% sale-to-list and 3-day DOM signal competitive but thin data |
Four barns on 2.48 acres with a view of Big Smoky Valley and Mount Jefferson, priced at $140,000. That's the thing that stops you. The zip median sale price runs around $305,000, and this is listed at less than half that. The market here is thin enough that the comparison is directional rather than definitive, but the gap is too wide to ignore.
The land is the point. Nearly two and a half acres with four shed barns already standing means you can bring horses or other animals without building from scratch. The infrastructure for that life is there. The views of the valley and the mountain are real, not incidental. Out in the Big Smoky Valley, that kind of open sightline is part of what you're buying.
The house is a different story. Built in 1988, 960 square feet, three bedrooms, one bath. The listing calls it solid and ready for remodeling, which is agent language for: it needs work, probably meaningful work. No system dates are listed. That means you don't know when the roof, the HVAC, the plumbing, or the electrical were last touched. Before you do anything with this property, you need those answers. Walk it with someone who can tell you what the updates will actually cost, because at $146 per square foot, the house itself is priced above the local median on a square footage basis. You're paying for the land and the barns and the views. The house comes along for the ride.
If you want a rural setup with animal infrastructure already in place, and you're prepared to put money into the living quarters, the math here is hard to replicate at this price point. The land can carry horses now. The house can get there with time and a budget. What you're buying is the starting point, not the finished version, and the price reflects that honestly.


