Historic, Character Home
1921 Brick in Walsenburg with Big Yard and Named Updates — $119,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 6 | 1921 brick, 1090 sqft, carport, multi-room shed, large yard; pre-1950 floor qualifier met |
| Condition | 25% | 7 | New furnace, newer roof, most windows replaced — three named updates, move-in ready signal |
| Price / Sq Ft | 15% | 3 | Listing $109/sqft vs zip median $61/sqft — listing is 79% above median; thin data (2 comps) |
| Price vs. Market | 5% | 9 | $119K vs zip median $344,899 — 65% below median; zip likely skewed by acreage/rural sales |
| Market Conditions | 5% | 7 | DOM 52 median, sale-to-list 94.3%, price drops 51.4% — strong buyer's market |
The brick stops you first. A 1921 exterior in this condition reads as a house that has been maintained, not rescued. The walls are solid, the construction is the kind that outlasts the people who built it, and at 1090 square feet across a single level, the floor plan is tight but functional for two people or one person with room to breathe.
The updates matter here because they are named and specific. A new Bryant furnace, a newer asphalt roof, and most windows replaced. That is the trio that makes a house livable without surprise costs in year one. Southern Colorado winters are real, and whoever bought this before you covered the part that hurts the most if you ignore it.
The yard is large. The listing does not give dimensions, but the photos and the description both make clear this is not a postage stamp. There is a multi-room storage shed back there, which is more useful than it sounds. Tools, seasonal gear, a workshop situation, bikes. And a carport for covered parking.
Inside, 1090 square feet with two bedrooms and one bath is straightforward. The scale is honest. A couple, a single person, someone downsizing. The layout is single-level, which counts for a lot depending on where you are in life.
The price-per-square-foot number is worth knowing. At $109 per square foot, this sits above the local zip median of $61. That gap sounds significant until you learn the median is being pulled down by rural acreage sales with only two comparable transactions. The more useful number is the comparison to the zip median sale price of $344,899. This house is priced at $119,000. That distance reflects the market this house actually belongs to, and it is a wide gap.
Walsenburg is a buyer's market right now. Over half of active listings have taken price cuts, and sale-to-list ratios are running around 94 percent. There is room to negotiate. The house has been on the market 52 days by the median, which gives you leverage without the pressure of competing for something.
A 103-year-old brick house with a new furnace, a solid roof, a big yard, and a real shed. At this price, you are buying a house you can actually live in without writing another check right away.
