We have seen a dozen homes very similar to this one during 2017. Two bedrooms, and one bathroom, single story, bungalow style, limited off street parking. These homes were generally built in the 1930’s, they are scattered across several walk-to-town neighborhoods, and they have a wide range of relative differed maintenance and upgrading. It is rare to see a home of this type and class that is in perfect condition, but this home is about as close as you can get to move-in ready. Price at $250,000, this home may set the market pace for other sellers with homes that have similar features. Compared to the last few homes like this one, all of which needed more work than this one and were priced a bit higher, this home is a better value.
I made a table with just the 2 bedroom and 1 bathroom homes that have been listed in the 4th quarter so you can get an idea of how these bungalow homes compare.
|Address||Original List Price||Status||Condition|
|946 Donald St.||$239,000||Pending||2 bedrooms and 1 bath, single story, wood frame home with an additional non-conforming bedroom in the garage that is not built in workman like fashion and uses most of the garage. Home is in vey poor condition.|
|14875 Stagecoach Way||$240,000||Pending||2 bedrooms and 1 bath, single story stucco siding, has carport, and single car garage, flat terrain, on well and septic. Some deferred maintenance. Evidence of a roof leak.|
|117 Wood Street||$250,000||Active||2 bedrooms and 1 bath, single story, wood frame home, with steep downslope at the back gives the home a bit of a view, also some storage below the home. One off street parking spot in a street with very difficult parking. Last updated in the 1980’s. No evidence of differed maintenance.|
|170 West Olympia Dr.||$270,000||Active||2 bedrooms and 1 bath, single story, wood frame home, single car detached garage that is in poor condition. Home does not look well maintained, dated fixtures and appliances. Hardwood floor looker severely damaged. Decent paint. Exterior siding and garage both need maintenance.|
|12633 Gem Lane||$299,000||FSBO||2 bedrooms and 1 bath, single story, wood frame home, single car attached garage. Seller is still doing work to complete interior remodel. Home has nice flooring good paint and new windows and roof.|