Historic, Garage
1824 Vermont Village House, 2,688 Sq Ft, Needs Full Restoration — $60,000
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 | 1824 Vermont village home, 4BR, 2,688 sqft, detached garage, historic character details |
| Condition | 25% | 4 | As-is, restoration language, no system dates — historic exception applies, score mid-range |
| Price / Sq Ft | 15% | 10 | $22/sqft listing vs $130/sqft zip median — 83% below; thin data (8 comps) but signal is extreme |
| Price vs. Market | 5% | 10 | $60K vs $267K zip median — 78% below; median likely reflects larger/updated homes |
| Market Conditions | 5% | 7 | DOM 88 median, listing at 72; sale-to-list 91.2%, price drops 17.2% — buyer's market |
At $22 a square foot, this is the kind of number that makes you stop and check the math. The zip median runs around $130 per square foot. This house is 83% below that. It sits on Main Street in Poultney, Vermont, it was built in 1824, and it has four bedrooms and 2,688 square feet. The price is $60,000.
What you get for that is a two-hundred-year-old Vermont village house with classic architectural details, a traditional layout, and a detached garage that could work as a workshop or storage. What you also get is a full restoration project. The listing conveys as-is, with no warranties, no system dates listed, and no pretense that any of this is done. The agent description uses the phrase "awaits your vision," which is the polished way of saying the house needs everything.
How much everything? The listing data does not say. No mention of the roof, the heating system, the electrical, the plumbing, the foundation. That absence is the risk you are buying into. A house this old, priced this low, selling as-is in a buyer's market where 17% of listings have already taken price cuts — something is driving that number down, and you will find out what when you inspect it. Budget accordingly, and then budget more.
What the price makes possible is the thing worth holding onto. Two thousand six hundred and eighty-eight square feet of 1824 Vermont architecture on Main Street in a walkable village, close to shops and schools, with a detached garage, for sixty thousand dollars. If you can take on a real restoration, the math on this is extreme. A family that wants space and can tolerate a long project could end up with a genuinely old, genuinely large house on a proper Main Street for a fraction of what a finished version of the same thing would cost anywhere in this state. The work is real. So is the upside.
