affordable house under 150K in Abbeville Louisiana
$
145,000
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Abbeville, Louisiana
312 N State St
3
Beds
2
Baths
2046
Sq Ft
0
Built

Historic, Fireplace, Victorian

Victorian Downtown Abbeville with 12-Foot Ceilings and Dual Fireplaces — $145,000

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%7Victorian historic district, 12-ft ceilings, dual fireplaces, wood floors, 2,046 sqft
Condition25%5No system dates, "as-is" implied by possibilities language; historic floor qualifier applies
Price / Sq Ft15%8Listing $71/sqft vs zip median $115/sqft (38% below); thin 3-comp data, directional
Price vs. Market5%4$145K vs $142K zip median — essentially at market, no discount signal
Market Conditions5%8Strong buyer's market — 91.7% sale-to-list, 32% price drops, 127-day median DOM

The 12-foot ceilings hit you first. You walk through the front door into a foyer that actually earns the word grand, and the scale of the place opens up from there. Two fireplaces, one in the living room and one in a bedroom, hardwood floors throughout 2,046 square feet, and a Victorian-style frame sitting inside Abbeville's downtown historic district. That combination, at this price, is the thing worth paying attention to.

At $71 per square foot, this is priced 38% below the zip code median of $115. That gap is real. The catch is that the listing price sits almost exactly at the $142,000 zip median when you look at comparable sales, so the discount is in what you're getting per square foot, not in some dramatic markdown below market value. You're buying a lot of house for the money. Whether that house is worth the money depends heavily on what the systems look like, and this listing does not say.

That's the honest problem here. The agent description is thin to the point of being almost no information at all. No year built. No roof date, no HVAC age, no electrical or plumbing details. The phrasing "many possibilities" and the note that measurements are unwarranted by the realtor both signal an as-is situation. A Victorian in a historic district, with no system disclosures, in a market where 32% of listings have taken a price cut and homes are sitting an average of 127 days before selling, is a property that needs eyes on it before any number means anything.

What the price makes possible is this: a big, old house with real architectural character in a walkable downtown historic district, at a per-square-foot cost that leaves room in the budget for what you'll almost certainly find once you open the walls. If you can absorb an unknown renovation load and want the kind of ceilings and fireplaces that newer construction simply does not produce, this is the kind of house worth going to look at. Go in with a contractor.

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