In the dynamic landscape of Oregon’s housing market, the pursuit of dream homes at affordable prices has gained significant traction. For those with an eye for potential and a knack for DIY projects, the state offers a mosaic of properties that beckon with promise. These homes, priced well below the median list price, present untapped opportunities for diverse buyer personas, each property standing as a canvas awaiting its visionary brushstroke. Here are our five compelling discoveries this week.
Property 1: 1920 Delapitated Love Shack With Lots of History and Dead Grass
Tucked away on Protsman Street in Bly sits a compelling prospect: a 1920s abode awaiting transformation. Priced at $59,900, this 3-bedroom, 1-bath dwelling has embarked on its renovation journey but calls for an enthusiast’s touch to shape its potential. With a sliding door opening to the backyard and proximity to a local K-5 school, this property intrigues first-time homeowners or savvy investors seeking a project ripe for customization.
Property 2: 1915 Structure in Need of Love
Nestled on Birch Street in Powers, this $59,900 listing boasts a 2-bedroom home set on a spacious 9,148-square-foot lot. Awaiting its new custodian, this property invites customization, promising ample room for expansion or garage construction. Its appeal lies in the canvas it provides, drawing those with a vision for crafting their ideal living space.
Property 3: An Ultra-Old Gutted Trailer on Deeded Lot
In the heart of Wallowa, a unique opportunity unfolds—a 6,305-square-foot lot housing a gutted single-wide trailer. Listed at $60,000, this property, though in its nascent state as dry storage, promises potential. With water, sewer, and power already in place, it offers a blank canvas for the imaginative builder seeking a tailored living space and a cheap home in Oregon.
Property 4: A 1920 Eyesore in Need of Beautification
Nestled in downtown Fossil, a fixer-upper at 609 Second Street beckons at $75,000. This 3-bedroom, 2-bath home exudes potential with an enclosed back porch and a prime downtown location. A challenge awaiting the capable purchaser, this property offers a unique restoration canvas for those with a flair for renovation and cheap Oregon homesteads.
Property 5: Dream Home Media’s Favorite Cheapest Home in Oregon
At $75,000, a quaint cabin on McKune Street in New Pine Creek unfolds a story of rustic charm. With 384 square feet of updated living space, this 1915 cabin nestled amidst the North Warner Mountains serves as a haven for nature lovers seeking a tranquil retreat or year-round living.
In a realm where affordability meets potential, these properties cater to distinct buyer archetypes—be it the enterprising first-time homeowner, the visionary seeking a canvas for customization, or the nature enthusiast longing for a serene escape. Oregon’s landscape boasts an array of hidden gems, each waiting for the right discerning eye to unveil its unique potential.
Aspiring homeowners and investors seeking cheap homes of untapped potential below the median price are encouraged to explore these opportunities further. In this diverse array of affordable dream homes, one might just find the perfect canvas to paint their vision of home.
