housing in Las Animas Colorado under 150000
$
62,000
Sold
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Las Animas, Colorado
422 Grove Ave
2
Beds
1
Baths
771
Sq Ft
1904
Built

Historic, Garage, New Roof, Character Home

1904 Las Animas House with Workshop Garage, Wood Floors — $62,000

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%71904 1.5-story, wood floors, built-ins, detached workshop garage, storage shed
Condition25%7Roof 2025, updated electrical, paint done; systems/HVAC age unknown
Price / Sq Ft15%9Listing $80/sqft vs zip median $108/sqft — 26% below median; thin 8-comp data noted
Price vs. Market5%9$62K vs $159,831 zip median — 61% below; thin market, directional only
Market Conditions5%8DOM 105 days, sale-to-list 94.2%, 28.8% price drops — clear buyer's market

At $62,000, this is 61% below the zip code's median sale price. That number is either a red flag or a door opening, and the more you look at it, the more it looks like the latter. The market here is soft — 28.8% of listings have taken price cuts, and homes are averaging 105 days before going under contract. In that environment, a house that already has a new roof, updated electrical, and fresh paint inside and out is starting ahead of most of the competition.

The house is small. At 771 square feet, two bedrooms and one bath, there is no pretending otherwise. It was built in 1904 as a 1.5-story, which means the upper bedroom sits under the roofline — low ceilings, probably sloped walls, a space that works well if you want it private and don't mind the shape of it. The main floor bedroom has a cedar-lined closet just outside the door. The living and dining area share the same room, wood floors throughout, original built-ins at the kitchen and bath. Those built-ins are old and well-placed and the kind of detail that costs money to replicate.

Outside is where the property earns its keep. The detached garage is oversized for a single car and has a full workshop at the rear, plus a separate storage shed and alley access. For someone who works with their hands, keeps equipment, or just needs room beyond what the house provides, that setup changes the math considerably. The house gives you two bedrooms and a place to sleep. The garage gives you somewhere to actually use.

HVAC and systems age are unknown, which matters. Budget for that. But the roof is new this year, the electrical has been updated, and the paint is done. The work that tends to be invisible and expensive has been addressed. What's left is finishing and living, in a 120-year-old house that still has its floors and its built-ins, priced at $80 a square foot in a market where the median is $108.

Originally listed for $62,000, this property sold for $30,000 on May 22, 2025.

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