Historic, Fireplace, Victorian, Character Home
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 | 1880 Victorian, stained glass, 2 clawfoot tubs, fireplace, 4BR/2BA, updated kitchen |
| Condition | 25% | 6 | Partial renovation done; "finishing touches" language signals incomplete work, no system dates named |
| Price / Sq Ft | 15% | 8 | Listing $94/sqft vs zip median $133/sqft — 29% below median; thin 8-comp data, directional signal |
| Price vs. Market | 5% | 7 | $145K vs $245,927 zip median — approx 41% below; zip median likely skewed by varied stock |
| Market Conditions | 5% | 6 | DOM 48 days, sale-to-list 97.5%, 27.9% price drops — mild buyer advantage, floor applies |
The stained-glass window on the staircase is the first thing you notice. It pulls light into the foyer and tells you immediately what kind of house this is: one that was built to say something. That was 1880. The house is still saying it.
Four bedrooms, two baths, 1,546 square feet of Victorian structure in Lebanon, Missouri. At $145,000, you're paying $94 per square foot in a zip code where the median runs around $133. That gap is real, and it's there for a reason the listing is a little coy about, but it's worth understanding before you drive out.
The kitchen has been updated with custom cabinetry and stainless appliances. The living room has a wood-burning fireplace. The main-floor primary bedroom has one of the two clawfoot tubs sitting right in the room, which is a specific Victorian thing that either appeals to you or it doesn't. The upstairs bath has the second one. These aren't decorative reproductions. They came with the house.
Upstairs there are two larger bedrooms and a third smaller one the agent describes as nonconforming, which typically means they don't meet current egress or closet requirements. Worth knowing.
Here's the honest part: the listing uses "finishing touches" language, which almost always means the renovation is somewhere in the middle. No system ages are named, so you don't know when the roof, HVAC, or plumbing were last addressed. The house has been on the market 48 days, and about 28 percent of comparable listings in this market have seen price cuts. None of that is disqualifying. All of it is information you'd want before making an offer.
What $145,000 gets you in 1880 Victorian bones, a working fireplace, two clawfoot tubs, a stained-glass window, and a kitchen somebody already invested in is a house with real presence and real history that needs someone willing to finish the job. If that's you, this is the kind of house that rewards it.


