Character Home, Garage, Historic
1947 Cedar Street Corner Lot with Hardwood Floors and Finished Lower Level — $118,000
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 | 1650 sqft, hardwood floors, garage, shed, finished family room, corner lot |
| Condition | 25% | 7 | Excellent condition claimed; newer roof and permanent siding named; no HVAC date |
| Price / Sq Ft | 15% | 7 | $72/sqft vs $88/sqft zip median — 18% below; 6 comps, directional only |
| Price vs. Market | 5% | 4 | $118K vs $129,944 zip median — about 9% below; within 10% band |
| Market Conditions | 5% | 5 | DOM 49 days, 99.2% sale-to-list, 24.8% price drops — mixed/balanced signals |
The hardwood floors are the first thing. In a house this age, in a price range where you often find vinyl over vinyl over something you'd rather not know about, intact hardwood on the main level is a real asset. The house was built in 1947, and at 1,650 square feet across a 1.5-story layout, it fits three bedrooms without feeling like it's trying too hard to do so.
The lower level has a finished family room, which matters more than it might sound. That's a second gathering space, a place for a teenager, a home office, a spot to put the TV so the living room can be something else. At this size, having that bonus room keeps the house from feeling like a puzzle you're always solving.
Outside, the corner lot gives you yard on two sides and a 1.5-stall garage plus a separate storage shed. That's a reasonable amount of space for a house at this price. The siding is permanent and the roof is newer, which means two of the bigger-ticket items are already handled. No date on the HVAC, which is a gap worth filling before you close.
The price lands at $72 per square foot against a zip code median closer to $88, about 18% below. Against the broader market median of around $130,000, you're paying $12,000 under. The house has been sitting for 49 days, and about a quarter of listings in this market have seen price drops, so there's some softness here. That context matters when you're deciding how much room you have to negotiate.
What the price gets you is a well-kept older house with good floors, a finished basement, real outdoor storage, and a corner lot close to downtown. For a small family or someone moving from an apartment who wants a proper yard and a garage, the math is straightforward. The house is solid, it has been looked after, and it costs less than the neighborhood average.
