Renovated, New Roof
Fully Remodeled 1960 Ada House, 34% Below Zip Median — $135,000
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 | 3BR/1BA, 1056 sqft, 0.16 acres, 1960 build — modest but solid footprint |
| Condition | 25% | 8 | Full remodel with named systems; still in progress, done by October |
| Price / Sq Ft | 15% | 7 | Listing $128/sqft vs zip directional $143/sqft — ~10% below median; thin data |
| Price vs. Market | 5% | 8 | $135K vs $204,911 zip median — approximately 34% below; strong signal |
| Market Conditions | 5% | 6 | 19-day DOM, 98.4% sale-to-list, 30.1% price drops — mild buyer advantage |
The number that catches your eye first is $135,000 against a zip median sale price of around $205,000. That gap is 34%, and this house landed on day one with no price cuts and no market fatigue. In Ada's current market, where nearly a third of listings take a price drop before they sell, that combination is not something you see every day.
What you get for that number is a 1960 house that has been gutted and rebuilt from the outside in. New roof, new siding, new windows, new central HVAC, new flooring throughout. The kitchen has granite countertops and a dishwasher. These are not cosmetic refreshes — they are the expensive line items that older houses eventually force on you, already done. The systems are current. The finishes are new.
The house is small. 1,056 square feet across three bedrooms and one bathroom on 0.16 acres. One bath for three bedrooms is a real constraint, especially with more than one person getting ready in the morning. That is the honest limitation here, and it is worth thinking through before you get attached.
What the size and price together make possible is a smaller mortgage payment, or a full cash purchase for buyers who have been watching rates and waiting for something that pencils out. For a single person, a couple, or a small family willing to share one bathroom, this is a livable, updated house in a real neighborhood at a price that leaves money for other things. It would also make a clean rental, given the all-new systems and the price point relative to the market.
The remodel was still in progress at listing, with completion expected by end of October. That means you would want to know exactly what work remains and walk it again before you close. But what has been done is the structural and mechanical work — the parts that matter most and cost the most to fix later.
At $128 per square foot in a zip where comparable sales run closer to $143, this is priced to move without looking like it needs to.
