Character Home
1982 All-Brick Ranch with 48x35 Steel Shop and RV Hookups — $100,000
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 | All-brick ranch, 1795 sqft, 4BR, 0.43 acres, massive outbuilding, RV hookups |
| Condition | 25% | 6 | New carpet noted; "finishing touches/elbow grease" signals cosmetic to moderate work needed |
| Price / Sq Ft | 15% | 5 | Listing $56/sqft; zip median unavailable — scored neutral at 5.0 |
| Price vs. Market | 5% | 4 | $100K vs $107K zip median — within 7%, near median; thin data (1 sale) |
| Market Conditions | 5% | 9 | Strong buyer's market: 82.3% sale-to-list, 198-day median DOM — significant buyer leverage |
The outbuilding is the first thing worth your attention here. A 48 by 35 foot steel structure with electricity, double sliding doors, and alley access — that's 1,680 square feet of covered space separate from the house. For a mechanic, a woodworker, someone who runs a small business, or just a person with a lot of stuff, that building alone justifies a serious look at this property. It sits on 0.43 acres in Alexandria, Nebraska, with water hydrants around the yard and a dedicated garden area.
The house is an all-brick ranch built in 1982, 1,795 square feet, four bedrooms and a bath and a half. Brick construction at this price point means low exterior maintenance and solid bones in the wall without having to say the word. New carpet has gone in, and the kitchen was built with reclaimed local materials, which either appeals to you or it doesn't. A wood-burning stove supplements the electric heat. There's an attached carport in addition to the outbuilding, and the RV hookups include 50/30 amp electric service with water and sewer access — a real setup, not just a plug in a garage wall.
The condition scores signal that this place needs work. "Finishing touches and elbow grease" in listing copy usually means cosmetic at minimum, possibly more. Budget for it. The single bathroom situation on a four-bedroom house is tight for a family, and the price-to-market comparison here is based on thin local data, so read that number carefully.
What the market itself is telling you: homes in this area have been sitting around 198 days at sale, and the average sale comes in at roughly 82 cents on the asking dollar. That's a buyer's market in plain terms. At $100,000 on a half-acre with a shop that size and RV infrastructure already in place, the price buys you a working property with real utility — if you're willing to put in the time the house itself still needs.
