Acreage, Fireplace, Wooded Lot, Character Home, Garage
1995 Cape Cod on 0.84 Wooded Acres, 9-Ft Ceilings, 3 Full Baths — $107,000
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 | Cape Cod, 2139 sqft, 3 full baths, hardwood, fireplace, 9-ft ceilings, wooded 0.84 acres, 2-car garage |
| Condition | 25% | 6 | HUD as-is, IE insurability suggests livable; 1995 build, no system dates disclosed |
| Price / Sq Ft | 15% | 10 | Listing $50/sqft vs zip median $116/sqft — 57% below median; thin data (6 comps) but strong directional signal |
| Price vs. Market | 5% | 8 | $107K vs $174,949 zip median — approximately 39% below median |
| Market Conditions | 5% | 7 | DOM 104 days, sale-to-list 96.3%, price drops 43.6% — clear buyer's market |
At $50 a square foot, this house costs less than half what comparable square footage sells for in its zip code. The median price in the area runs around $116 per square foot. That gap is wide enough to make you stop and do the math twice.
What you get for $107,000 is a Cape Cod on just under an acre of wooded land outside Sylacauga, 2,139 square feet, three full baths, and a layout that puts the primary suite on the main level. That last detail matters more than it sounds. Most houses this size and shape push the primary upstairs with the other bedrooms. Here you get a main-level suite with a walk-in closet, and the guest bath on the main floor is also a full bath, so two full bathrooms before you even climb the stairs. The two remaining bedrooms sit up top with their own bath, which gives the house real separation between spaces.
The living areas have hardwood floors, a fireplace, and 9-foot ceilings. The ceilings especially change the feel of a room. On a house at this price point, that is the kind of detail that usually gets left out. There is also a wide covered front porch and an oversized two-car garage.
The property is HUD-owned and sold as-is. No system dates disclosed, no seller representations, no warranties. The insurability designation is IE, which means livable but likely needing some work. You will need an inspection and you should budget for unknowns. The house has been on the market for 104 days, and prices in this area have been dropping. That is the context for why this price is where it is.
What the price makes possible is a three-bedroom house with real square footage, a full acre of woods, and a layout that works for a family or for someone who wants separate floors for separate lives. The house needs something. What it costs gives you room to find out what that is and fix it.
