10 Houses Under $50,000: November 2015 Edition

by Teresa Iafolla

It’s time for another edition of your favorite column: 10 old houses for under $50,000, stocked to the brim with original detail! As always, we’ve managed to round up an impressive crop of old beauties on the market for a bargain price tag. Just don’t spend too much time ogling and miss the chance to jump on your perfect fixer-upper. Some of these won’t be on the market for long!
 

 

206 S Grant St, Broadlands, IL

 
BroadlandsIL-1Source: Keller Williams Realty
$45,000
 
This beautiful, old Victorian practically leapt off the screen at me when I was searching through listings. Check out that tower (windows on every side!), the porch, and the little patriotic bunting on the front. The pocket doors and tall windows are all framed with elegant, dark wood, with details that show off the original craftsmanship. The gorgeous fireplace is outfitted with green tile and delicate carvings.
 
Dating to 1897, there’s no doubt fixing up this house will take some elbow grease. But at $45,000 for 3,340 sqft, it’s a deal worth checking out.
 
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6741 E Main Rd, Stafford, NY

 
nothnagle-1Source: Nothnagle REALTORS
$35,000
 
Thank you to CIRCA reader Kim for sending us this Stafford, NY gem, which dates all the way back to 1829! Beyond the whimsical porch, you’ll find spectacular, interior wood trim and at least 3 fireplaces.
 
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415 Bay St E, Pineview, GA

 
415-Bay-St-E-Pineview-GA-31071-1Source: National Realty Company via Zillow
$51,500
 
I went a bit over budget on this one, but at $51,500, I’m sure you could talk them down to under 50K! I’m loving the large front porch, which (naturally!) comes complete with a swing.
 
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242 W Locust St, Newark, OH

 
242-W-Locust-St-Newark-OH-43055-1Source: Coldwell Banker King Thompson
$39,900
 
This gorgeous Italianate retains a plethora of original detail. Just look at that staircase! Even the shed in the yard would make the most darling little guest house.
 
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1099 Upper Cold River Rd, Shrewsbury, VT

 
vermont-1Source: Coldwell Banker Watson Realty
$49,500
 
Alright, which of you CIRCA readers is going to transform this 1940s stone cabin into Vermont’s most adorable Airbnb? Knotty pine flooring, a standing seam metal roof and 2.45 wooded acres make this charmer a total catch.
 
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1341 Main St, Harrington, ME

 
HarringtonSource: RE/MAX Hills & Harbors Realty
$25,000
 
It might just be my personal taste, but it always seems like Maine has an abundance of charming old homes at bargain prices – and they’re usually surrounded by stunning scenery! Case in point: This turn-of-the-century beauty in the old seafaring village of Harrington. The 3-bedroom, 1-bathroom home has plenty of dark wood trim inside, and a stunning brick fireplace to keep you warm during those chilly New England winters. When the weather warms up, you can set up shop on the lovely front porch. The house needs some updating, but the $25,000 asking price leaves you plenty of budget left over to spend on rehab projects.
 
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506 Bringle Ferry Rd, Salisbury, NC

 
506-Bringle-Ferry-Rd-Salisbury-NC-28144Source: Apple House Realty via Zillow
$39,777
 
Salisbury is full of fixer-uppers chock full of beautiful architectural detail, and the historical Low House doesn’t disappoint. The house requires a TON of work, but it has been stabilized. I’d love to be let loose inside this home to explore all of the amazing details!
 
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206 N Lafayette St, Lafayette, AL

 
206-N-Lafayette-St-Lafayette-AL-36862-1Source: First Realty via Zillow
$44,900
 
If living on Main Street sounds like your cup o’ tea, then this beautiful Alabama home might be for you. Picture moldings, pocket doors and period coal fireplaces are just a few of the surprises hiding inside.
 
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485 Thum Ave, Henning, TN

 
henning-TNSource: Fannie Mae
$30,000
 
Sadly, this grand Southern home is in foreclosure. What I wouldn’t give to get my hands on this place! After all, that porch alone is worth the asking price. Thank you, Wanda, for sending this one our way!
 
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1580 Haileys Ferry Rd, Lilesville, NC

 
nc-1Source: Coldwell Banker Real Estate Now
$48,900
 
This 180+ year-old beauty boasts a lovely two-story front porch and overlooks an endlessly green yard with a large lake. Dubbed the historic Ballard/Harrington home, the house was built in 1830 and still has many of the original handcrafted doors, moldings, mantels, windows and more.
 
I love the long, main hallway that runs straight from the front entrance to the back, and the sunroom on the front of the house with walls made almost entirely of windows.
 
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Ready to make a move on one of these rare finds? Keep us updated! We always love to hear we’ve helped connect a fellow rehabber with his or her perfect fit.
 
 
 
LeonaAUTHOR TERESA IAFOLLA
A contributor to the CIRCA blog, Teresa has been captivated by old, character-rich houses since she was little. Growing up in the cookie-cutter suburbs of Montgomery County, Maryland, she dreamed of one day calling a quirky, old Victorian “home,” often pouring over house plans and blueprints from the local hardware store. Chasing that fondness for all things steeped in history, Teresa attended college at William & Mary, the second-oldest college in the U.S., based in Colonial Williamsburg, Virginia. After graduating with a degree in English Literature and Psychology, she moved into a restored Baltimore row home, circa 1830. Currently, Teresa lives in San Francisco and spends her days ogling the colorful Victorian Italianates that line her Mission neighborhood.

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