Renovated, Garage, Fireplace, Historic, Finished Basement
1930 Gregory Home, Fully Renovated, 2,212 Square Feet — $119,000
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 | 2212 sqft, 1930 build, fireplace, attached garage, 3BR/2BA, new deck |
| Condition | 25% | 8 | Extensively documented 2023–2026 updates: kitchen, baths, plumbing, flooring, siding, doors |
| Price / Sq Ft | 15% | 9 | Listing $54/sqft vs zip median $227/sqft (1 comp, thin — directional only, still striking) |
| Price vs. Market | 5% | 9 | $119K vs $389K zip median — 69% below, but median driven by rural acreage sales |
| Market Conditions | 5% | 6 | DOM 152 median, 50% price drops, sale-to-list 97.5% — buyer-favorable signals |
At $54 per square foot, this is a lot of house for the money. The zip median runs around $227 per square foot, and yes, that figure is skewed by rural acreage sales and thin comps, so take the gap with some salt. Even so, 2,212 square feet of a renovated 1930 home in Gregory for $119,000 is the kind of number that makes you look twice.
The house has been worked on steadily from 2023 through early 2026, and the update list is specific enough to be useful. Kitchen cabinets and countertops in 2023. New luxury vinyl plank through the main living areas and bathrooms in 2025. The old plaster in the living and dining rooms came down in 2024 and got replaced with drywall and new insulation. New plumbing in the basement in December 2025. Main bathroom remodeled with a new tub, tile, and vanity in January 2025. New carpet in all three bedrooms in 2026. New front door, new interior doors on the main floor, new deck out back, new sidewalk out front. That is a meaningful amount of work done in a short window, and it covers the things that matter: surfaces, systems, structure.
The fireplace is a custom electric feature wall added in February 2025. It reads as a design choice, not a functional wood-burning unit, so go in knowing that. The attached garage is worth noting because it was previously converted to a bedroom, then converted back in January 2026. It is a garage again now, with an electric opener, which is the more useful configuration for most people living in South Dakota.
Three bedrooms, two baths, central heat and cool, a backyard with a new deck. For a family that wants room to spread out without taking on a project, this is largely ready. The market here moves slowly, with a median of 152 days on market and half of listings seeing price cuts, so there is room to negotiate if you want it.
The work is done. The price is low. What you are buying is a solid old house that someone put real time into.
