Historic, Garage
1901 Berlin Home, 1,696 Sq Ft with Dual Porches and Garage — $84,900
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 | 1901 home, 1696 sqft, attached garage, dual enclosed porches, recreation access |
| Condition | 25% | 5 | One bathroom gutted, no system dates named; condition largely unknown |
| Price / Sq Ft | 15% | 9 | Listing $50/sqft vs zip median $96/sqft — 48% below; thin 8-comp data, directional |
| Price vs. Market | 5% | 9 | $84,900 vs $161,852 median — 48% below zip median sale price |
| Market Conditions | 5% | 7 | 41.9% price drops and 72-day median DOM signal clear buyer's market; sale-to-list 96.8% |
At $50 a square foot, this is the kind of number that makes you look twice. The zip median is $96. The median sale price in this market is $161,852. This house is listed at $84,900. That gap is either a problem or an opening, depending on what you find when you walk through the door.
What you get for that price is a 1901 house in Berlin, New Hampshire with 1,696 square feet spread across two levels, an attached one-car garage, and two enclosed porches. The front one is glassed in, which in a northern New Hampshire winter is not a small thing. There is a second enclosed porch on the upper floor. Three bedrooms, and a bathroom situation that needs honesty: one bath has been gutted. The listing does not say how far along it is, what is salvageable, or when it was last functional. You are buying a house with one working bathroom at best, and an unknown project at worst.
The condition picture beyond that is thin. No system dates are listed. No mention of the roof, the heat source, the electrical, or the windows. A 1901 house with a gutted bath and no stated updates could mean anything from a house that just needs finishing to one that needs a full mechanical overhaul. You would want to go in with a solid inspection and realistic numbers before committing.
What the price absorbs is the uncertainty. At this per-square-foot, you have room for the bathroom, room for surprises, and still come out well below what comparable houses in the zip are selling for. The attached garage is genuinely useful. The porches are livable square footage. And Berlin has ATV access directly from the street, with ski hills and hiking trails a short drive out, which matters if that is the life you are after.
Three bedrooms, almost 1,700 square feet, a garage, and outdoor access in every direction. The house needs work. The price accounts for it.
