Historic, Character Home, Garage, Finished Basement, Income Potential
1930 Worland House with Detached 2-Car Garage — $115,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1930 build, 1440 sqft, detached 2-car garage, basement with bonus rooms and bath |
| Condition | 25% | 6 | Newer roof and water heater confirmed; cosmetic TLC needed; non-conforming basement bedrooms noted |
| Price / Sq Ft | 15% | 9 | Listing $80/sqft vs zip median $138/sqft — 42% below median; 7 comps, directional but meaningful |
| Price vs. Market | 5% | 9 | $115K vs zip median $324,905 — 65% below; zip median likely skewed by acreage/rural sales |
| Market Conditions | 5% | 6 | DOM 66 median vs 41 here; 20.1% price drops; sale-to-list 98.2% — mild buyer advantage |
At $80 a square foot, this house is priced well under where Worland is trading. The zip median sits around $138 per square foot, and even accounting for the fact that rural acreage sales pull that number up, this is a meaningful gap. You're getting a 1930 house with a detached two-car garage and a finished basement for $115,000. That's the starting point worth understanding before anything else.
The house is 1440 square feet above grade, three bedrooms, one bath on the main level. Downstairs there's more: two non-conforming bedrooms, a gathering room, and a three-quarter bath. The basement bedrooms don't count toward the legal bedroom tally, but the space is there, and for a family that needs room to spread out or wants a dedicated area for guests or work, it functions. The garage is detached and holds two cars, which in a Wyoming winter matters more than it might sound.
Built in 1930, so the house has age on it. The roof and water heater are newer, which removes two of the items that tend to show up ugly on an inspection report and force renegotiation. What's left is cosmetic work. Paint, flooring, fixtures, probably some updating in the kitchen and baths. The yard is fenced and bare, so you'd be starting from nothing on landscaping, but you'd be starting on your own terms.
The condition needs to be named plainly: this is a house that needs work. It sat 41 days before selling, in a market where the median is 66, and price drops have been common. Buyers have some room here.
What the price makes possible is a house with real square footage, basement bonus space, a two-car garage, and a 95-year-old structure that still has its shape, for the kind of money that leaves something in the budget to actually fix it up. That's a workable position for a first home, a rental, or someone who knows what they're buying and has the patience to bring it forward.
