Top 10 Houses Under $50,000 ~ June 2016 Edition

From farmhouse to foursquare, and bungalow to bed & breakfast, here are the top ten houses under $50,000 ~ June 2016 edition.

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507 Atlantic Ave., Egg Harbor City, NJ 08215

$24,900

Source: Realtor.com.

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I may have to move back to South Jersey for this one! My wish list is complete. And to think this beauty is not only priced at under $50,000, but it’s under half that!! American Foursquare (my favorite style home) and large yard – check. Wrap-around porch – check. Original kitchen cupboard and high ceilings – check. Unpainted woodwork and gorgeous staircase – check. Arched doorways and columned room divider – check. Hardwood floors, black and white bathroom tile, bay windows and leaded glass window – check. $24,900 – check, check, check! The copper pipes have been stolen (a common occurrence I’m afraid), and the neighborhood must be checked out (although a mature professional couple I know has a beautiful old home in this neighborhood), but man, I’m tempted. 

See full listing here.

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901 Merchant St., Alpena, MI 49707

$49,500

Source: Realtor.com.

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Located in the lovely, historic town of Alpena on Thunder Bay, this 1920 bungalow has been almost completely renovated. A little sanding and some other minor fixes, and Voila!, you’re ready to move in. Plus, the owner has left most of the materials to finish the work. The exterior is just charming, and the bright and cheery interior has new electrical, drywall, duct work and a new kitchen and family room. I love the wainscoting paneling, cottage windows, new French doors and the new bathroom (sorry clawfoot tub lovers).

Here’s what Pure Michigan has to say about Alpena.

“Alpena embodies the haven from the stresses of everyday life: the culturally rich place to relax and a sanctuary to rejuvenate, and inspire the happy, healthy and creative you. A port in the storm. It’s what sailors have always searched for when the weather took a turn for the worst. Isn’t that what we’re all looking for in these days of shouting headlines? Our friendly, historic city may be just what the doctor ordered. We’ve turned the volume down and slowed the pace a bit so you can relax, rejuvenate and discover your family all over again. So turn your back to the wind and discover a place as close as a few hour’s drive, but as far away as you’ll ever need to be.

Home of:
2013 Outdoor Channel’s Major League Fishing
2014/2015 Outdoor Channel’s Fishing University
2015 Miss Michigan, Emily Kieliszewski
The nation’s only roadside dinosaur park, Dinosaur Gardens
The only fresh water national marine sanctuary, Thunder Bay National marine Sanctuary
World headquarters for Besser Company, revolutionizing concrete block-making
Seven lighthouses within an hour’s travel
1990 filming location for Die Hard 2
Home of 3 official Dark Sky Preserves, Rockport State Recreation Area, Thompson’s Harbor and Negwegon State Park.”

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104 Jennings St., Bennettsville, SC 29512

$49,900

Source: Home Advantage Realty.

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Okay, I must be dreaming. Is it possible that a 4-bedroom, 6-bathroom Victorian B&B with original features galore can be under $50,000? Well, proof is in the pudding – the pudding being The Historic Manse Bed & Breakfast in Bennettsville, SC. Get this: hardwood floors, high wainscoted ceilings, seven fireplaces, gorgeous paneling you won’t believe, built-ins, a stunning staircase, an amazing center hall, original front door with transom and sidelights, and a pantry! The price has just been reduced to $49,900. For old house lovers, this is a dreamy deal come true.

Here’s the realtor’s enthusiastic endorsement. “This gorgeous home is ready for a new start after over a year of patiently waiting. It was built in 1903 as a family home. Later became the First Presbyterian Church parsonage. Next, “The Historic Manse” opened as a Southern B&B. Bathrooms were added so that each bedroom is now a private suite. Surely it played host to all sorts of interesting guests being located so close to the mountains, the beaches, and many historic sites. And a 30-minute drive either way gets you to Rockingham or Darlington. If these elegantly wainscoted walls could talk! And those hardwood floors and huge windows! Check out the photos…you will not believe the craftsmanship of the turn of the century carpenters.”

See full listing here.

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Reading, Pennsylvania
$33,000

Source: Oldhouses.com

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Thanks again to Oldhouses.com for this wonderful Federal Colonial. “The Candlelight House built in 1819 is a Federal style house located in Reading’s center city in the Prince Historic District. The house retains a lot of it’s original features with ten foot ceilings, 5 fireplaces, original wooden doors and trim. There is an ornate banister and staircase leading to the second and third floors. The house has public water and sewer with 100 amp electricity. The house has 2,880 sqft with five bedrooms and two bathrooms. This old house is in need of renovating and is being sold as is.”

See full listing here.

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110 Fayette St., Bridgeton, NJ 08302

$40,900

Source: Realtor.com

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What a house! Just feast your eyes on the exterior. All the original features are still intact. And take a look at that fabulous second floor sunroom and large corner yard! I wouldn’t touch a thing on the outside. The interior needs some work, but is still beautiful with built-ins, hardwood floors, alcove windows, window seats, a fireplace and a grand staircase. The circa 1900 Victorian is located in the Bridgeton Historic District. That’s near my former neck of the woods, so I know Bridgeton is rough. But if you are willing to take a chance on the location, this house could be absolutely  spectacular.

See full listing here.

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164 MAIN ST, Hoosick Falls, NY 12090

$49,900

Source: Coldwell Banker.

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“The Village of Hoosick Falls will always have a key place in the biography of Grandma Moses. It was here that her paintings were first discovered, sitting in Thomas’ Drugstore window, and it is here that the artist is buried. For Moses herself, however, the importance of Hoosick Falls lay not in its connection to her own career, but in the village’s role in American history. Today Hoosick Falls, the closest real town to the Moses farmstead, is a sleepy hamlet, somewhat passed over by modern economic development. However, until the Great Depression, it was a bustling commercial center, its industrial potential bolstered by its situation at the confluence of the Hoosick and Walloomsack Rivers. Moses painted a number of versions of Hoosick Falls, showing the village in various seasons. Most follow the winding path of the Hoosick River, and may be based in part on old prints of the town.” Wikiart.org

Both my mother and sister and her family lived in Hoosick Falls for years. We visited often and especially enjoyed the yearly town-wide yard sale. In fact, we were interested in buying a brick home on River Road at one time. I’m glad we did not go that route. While this Carpenter Gothic house under $50,000 is tempting, the EPA issued a statement in 2015 warning residents in Hoosick Falls not to drink or cook with village water because of elevated levels of a toxic chemical found in the public water system the previous year. The chemical has been known to cause cancer and thyroid conditions, both of which my mother and sister have and continue to suffer with.

I would not live in a place where you can’t drink the water, but I just had to show you this home. The exterior of this circa 1849 beauty is wonderful! Look at the double front doors and the wonderful columns and corbels in the living room. Too bad we can’t lift the house up and plunk it down where the water is clean.

See full listing here.

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303 S Main, Winchester, IN 47394

$27,500

Source: Coldwell Banker.

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There are so many things that I love about this house! Firstly, the neighborhood. Google Earth it, and you’ll see a beautiful street filled with large, fabulous turn-of-the-century homes. You’ll scratch your head and ask “$27,500 in this neighborhood?” The multi-faceted roofline, large front porch and stone wall around the property add such curb appeal.  Inside, you’ll find a fireplace, hardwood floors, built-ins and arched doorways. The bathroom sink is a bit unusual, but I do appreciate the cozy kitchen. I’m a sucker for old kitchen cupboards, so I’d just give these a paint job and replace the hardware. Although they look great, clawfoot tubs are usually a pain in the neck. In this case, the owners were smart and put in a separate shower, so if you don’t mind water logged floors and dust bunnies that are hard to reach, I’d keep the tub, too.

See full listing here.

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5723 Onley Rd., Girdletree, MD 21829

$24,900

Source: Realtor.com

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This one needs a ton of work, but it’s in Girdletree! I love the little hamlet of Girdletree. We’d often drive through on our way to Chincoteague. It’s about half way between the ocean beaches of Assateague and Chincoteague and about an hour from Ocean City, Maryland. Located on more than one lush green acre, this 1920 farmhouse features lovely mantels, hardwood floors, original doors and bullseye moldings! At this price, it’s a steal!

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See full listing here.

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119 North East Street, Harrodsburg, KY 40330

$39,500

Source: Coldwell Banker

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If you love old towns with great architecture at its heart, then you’ll love Harrodsburg, Kentucky. Downtown is a treasure of wonderful buildings as Harrodsburg is considered the oldest city in Kentucky and has been touted as the oldest American permanent  settlement west of the Appalachians. The wonderful porch fretwork and great yard gives this century-old home curb appeal, and the recent $10,000 price reduction to $39,500 is appealing, too. Walk into a spacious foyer and you’ll immediately see hardwood floors and original doors and hardware. The bathroom and kitchen look workable, just waiting for some cosmetic updating. Imagine how the large rooms will look with your antiques dressing up the place! I don’t know if the train still runs, but I think the biggest drawback to this house is that railroad tracks are right across the street. In fact, they run across the front yards of the houses on the opposite side of the road.

Here’s what the realtor has to say. “Don’t miss this great deal! Historical home with charming character! As you enter the large foyer you will appreciate the space. The rooms are very spacious and inviting. You will notice a cozy fireplace in both the living area and master bedroom along with beautiful hardwood flooring. There is a full bath accessible via master bedroom as well as the den. There is a large dining area with built in cabinetry that could also serve as a 3rd bedroom. There is access to an additional upstairs space as well. While in the den area you can access the patio area which is perfect for entertaining. There is also access to the patio area from the kitchen which makes barbecuing easier. As you enter the patio area you will appreciate the large back yard which also includes a pear tree and an apple tree located behind the one car garage. The one car garage also has a side door which serves as an additional storage shed.”

See the full listing here.

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1602 S Michigan St., South Bend, Indiana

$49,000 OBO Cash

Source: Oldhouses.com

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Thanks to Oldhouses.com for directing us to this wonderful circa 1900 Victorian in South Bend, Indiana. Hardwood floors, fireplace mantel, pocket doors and walnut trim all are in original unpainted condition. The original pantry cupboards are my dream come true! Built-in bookcases, ten-foot ceilings and original wood windows give this house such character, and at a price under $50,000. In fact, the owner says $49,000 OBO cash. Add the walk-in closets into the mix (which are rare in a circa 1900 home) and this is a deal!

See full listing here

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