for sale by owner

For Sale By Owner Fixer Upper in Savannah Georgia $38K ~ SOLD

826 W Victory Dr, Savannah, GA 31405     $38,000 Sold

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OHU50K NOTES

OHU50K features this for sale by owner fixer upper mainly because it is located in Savannah, Georgia. That is a difficult city to find old houses under $50K.

It is in sad shape, in a high crime neighborhood, but according to Realtor.com, the median sales price for a home in the Cuyler – Brownsville of Savannah is $234,000. They give an estimated value of our home today as $113,800. That would have to be the fixed up value.

I say that because the present owner purchased this home a year ago for $800. He put the house back on the market seven months later for $68,500 and has been incrementally reducing the price ever since until it is now $38K. I should think that the city sold it so cheap in the hopes that it would be restored and help bring back the community.

I hope a new buyer can make a great deal, and fix the house up like it deserves.

Realtor states build date is 1956. No way. What would be your guess?

To window shop old houses of all price ranges, visit our sister site at oldhousecalling.com or Facebook page Old House Calling.

 

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