Acreage, Historic, Finished Basement
1949 Bay Springs Country House, 2100 Sqft on 1.5 Acres — $150,000
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 8 | 2100 sqft, 1.5 acres, basement, covered porch, multiple formal living spaces |
| Condition | 25% | 5 | 1949 build, no system updates named, no renovation history — unknown condition |
| Price / Sq Ft | 15% | 8 | Listing $71/sqft vs zip median $102/sqft — 30% below median; 2 comps, directional |
| Price vs. Market | 5% | 4 | Listing $150K vs zip median $155K — within 5%, near parity |
| Market Conditions | 5% | 9 | DOM 125 days, sale-to-list 75.6%, price drops 23.1% — strong buyer's market |
The sale-to-list ratio here is 75.6%. That means recent buyers in this zip code have been paying about three-quarters of asking price. This house has been sitting for 125 days. Those two facts together tell you something about what a serious offer looks like, and it probably has a four in front of it.
The house itself is a 1949 build with 2,100 square feet on 1.5 acres outside Bay Springs, and at $71 per square foot it comes in about 30 percent below the zip code median. The size is the first thing worth understanding. There is a great room, a den, a living room, and a formal dining room. That is a lot of rooms for one house, which means either the layout works really well for a family that needs separate spaces, or it feels like a maze. The listing does not tell you which. The kitchen overlooks the den, which usually means the two rooms flow together rather than sitting apart.
The basement is listed for storage. Whether it is finished, whether it has water issues, whether it is the kind of basement you walk into or the kind you access through a hatch in the floor — none of that is in the listing. With a 1949 build and no mention of any system updates, that ambiguity extends to everything: the roof, the electrical, the plumbing, the HVAC. The condition score here reflects that uncertainty, not a confirmed problem, but the unknown is real and worth pricing into any offer.
Outside, 1.5 acres and a covered back porch. The porch overlooks what the agent calls a peaceful, private country setting, which tells you the neighbors are not close. That much land gives a family room to move, space for a garden, room for animals, room to eventually add a structure if zoning allows.
The house has not been updated in any way the listing mentions. A buyer coming in here should budget for the inspection to uncover deferred maintenance. At this price and in this market, there is room in the negotiation to account for what they find.
