Acreage, Finished Basement
1964 Brick Ranch on 3.23 Acres with Full Basement — $149,900
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 | Brick ranch, 3.23 acres, basement, 1680 sqft — acreage is the story here |
| Condition | 25% | 5 | Central HVAC noted; no system dates, no renovation history — unknown baseline |
| Price / Sq Ft | 15% | 6 | Listing $89/sqft vs zip median $105/sqft — ~15% below; thin 8-comp data |
| Price vs. Market | 5% | 3 | Listing $149,900 is ~38% above zip median $108,453 — above market |
| Market Conditions | 5% | 8 | DOM 65 days, sale-to-list 90.8%, price drops 45.7% — strong buyer's market |
Three acres is the reason to look at this one. The house is a 1964 brick ranch in Americus, Georgia, three bedrooms, two bathrooms, 1,680 square feet on the main level. That part is pretty ordinary. But 3.23 acres in town, with a full basement underneath and highway frontage, is a different kind of property than the square footage suggests.
The basement is what changes the math. The agent description calls it large and leaves it there, so there are no finished dimensions or ceiling heights to work with, but a full basement under a 1,680-square-foot footprint is a meaningful amount of space. Storage, a workshop, a project room, something to build out over time. The main floor handles daily living and the basement handles everything else you need room for.
Brick construction from 1964 holds up well when it's been maintained, and the listing mentions central HVAC, though there are no dates on when any of that was installed or last serviced. The condition history is thin. You'd want a thorough inspection before you commit, because the listing doesn't give you much to go on.
The price is where it gets complicated. At $149,900, this is roughly 38 percent above the zip code median sale price. The per-square-foot number looks better, about 15 percent below the zip median on that measure, but the acreage is carrying a lot of that valuation. Whether the land justifies the gap depends on what you'd do with it.
What you can do: grow a garden, keep animals, store equipment, give kids room to run, or just have the kind of buffer from neighbors that most properties at this price point don't give you. Highway access makes it practical, not remote.
This is a buyer's market right now in Americus. Nearly half of active listings have taken price reductions, and homes are selling around 9 percent below asking. That context matters here. The list price has room in it.
