THE ULTIMATE LIST OF CHEAP OLD HOUSES UNDER $50K…and BEYOND ––>
For Sale By Owner Fixer Upper in Savannah Georgia $38K ~ SOLD
March 14, 2020
826 W Victory Dr, Savannah, GA 31405 $38,000Sold
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?