under 150,000 home budget Delanson New York
$
149,000
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Delanson, New York
586 Knight Rd
3
Beds
1
Baths
1560
Sq Ft
1969
Built

Acreage, Character Home

1969 Delanson Ranch on 0.69 Acres, 60% Below Zip Median — $149,000

6

out of 10

HousesUnder150K Score

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

CategoryWt.ScoreDetail
Property Merit50%70.69-acre lot triggers floor; 1,560 sqft, shed, enclosed porch, open plan
Condition25%6Roof ~12 years old, leech field 2021; HVAC/windows unknown; cosmetic work needed
Price / Sq Ft15%9Listing $96/sqft vs zip median $290/sqft — 67% below; thin 5-comp data, directional
Price vs. Market5%10$149K vs $370,840 median — ~60% below; zip likely includes larger/newer homes
Market Conditions5%5Sale-to-list 102.7%, DOM 9 days — competitive market; floor applied at 5

The price is where you have to start. At $149,000, this is listing for roughly $96 a square foot in a zip code where the median sale price runs around $370,000. That gap is wide enough that even accounting for condition, even accounting for the fact that the zip median probably skews toward larger and newer homes, something is left on the table here for a buyer willing to do some work.

The house itself is a 1969 ranch-style, 1,560 square feet, three bedrooms and one bath on 0.69 acres in Delanson. The main floor runs living room into dining room into kitchen, with first-floor laundry already in place. A sliding glass door off the dining room opens to the backyard. The enclosed back porch adds usable square footage for most of the year and leads out to the yard where a large shed sits. That shed is worth paying attention to if you need real storage or a workshop.

The upstairs holds two of the three bedrooms. The agent description calls them generously sized, which is marketing language, but the square footage across the house suggests they have room.

On condition: the roof is about 12 years old, which means it has some life left but you should get eyes on it. The leech field was replaced in 2021, which is a meaningful recent expense already absorbed. HVAC and windows are unknown from the listing, which means budget for the possibility. Cosmetic work is needed throughout.

The market in this zip moves fast. Homes here are selling in about nine days and closing above list. You would need to come in ready and probably competitive. A property priced this far below the surrounding market, needing some updating, in a market that does not wait around, is a specific kind of situation. It rewards buyers who can move quickly and do not need everything done before they move in. Nearly three-quarters of an acre, a porch, a shed, and room to make it yours at a price this far below what surrounds it.

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