Historic, Renovated, New Roof
1930 Holdenville Cottage, Vaulted Living Room, Workshop, and Storm Shelter — $55,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1930 cottage, 0.4 acres, workshop, storm shelter, woodstove, vaulted LR, pecan tree |
| Condition | 25% | 7 | Multiple named updates (roof, insulation, flooring, well pump) but sold as-is |
| Price / Sq Ft | 15% | 10 | Listing $41/sqft vs zip median $105/sqft — 61% below median; thin data noted |
| Price vs. Market | 5% | 10 | $55K vs $182K zip median — 70% below; zip likely reflects rural/acreage sales |
| Market Conditions | 5% | 7 | DOM 59 days, 94.7% sale-to-list, 38.3% price drops — clear buyer's market |
At $41 per square foot, this is the kind of number that makes you stop and check the math. The zip median runs around $105. This is 61 percent below that. For a 1930 cottage that has had real work done to it, that gap is worth paying attention to.
The house is 1,328 square feet with two bedrooms and one bathroom. What holds it together visually is the vaulted ceiling in the living room, which is an unusual thing to find in a cottage this age and this price range. A woodstove sits in there too, which on a cold Oklahoma evening beats a baseboard heater by a wide margin. The updates are substantial: new roof, new insulation, new ceilings, new flooring, new lighting, fresh paint inside and out, and OSB sheathing and modern paneling on the interior walls. The water well got a new pump, pressure tank, and water lines. The kitchen has a new pantry built with deep shelves. New refrigerator, range hood, and portable washer and dryer are included in the sale.
Outside, 0.4 acres, fully fenced. A mature pecan tree. A well house, a storm shelter, two wood sheds with firewood, and a 10x24 workshop. That workshop alone gives you a usable outbuilding for tools, projects, or storage without spending anything extra.
The house sells as-is, which is the honest caveat here. The seller has done a meaningful list of improvements and is pricing accordingly, but a buyer takes it from this point forward without negotiation room on condition. That is a real thing to factor in before you drive out there.
What $55,000 gets you is a renovated 95-year-old cottage with actual character, a vaulted main room, a woodstove, a workshop, a storm shelter, and nearly half an acre in a buyer's market where sellers have been cutting prices. If you want a small place with land and outbuildings to grow into, this is a place worth seeing in person.
