Five Fixer-Upper Homes Listed Under $350K

For individuals seeking an affordable entry into homeownership or a strategic investment, fixer-upper properties present a compelling opportunity, often listed below market value and requiring renovation. These homes, while demanding time, resources, and "sweat equity," can yield significant returns and allow for complete customization. The Hudson Valley, among other regions, is currently experiencing a surge in renovations driven by buyers eager to invest in properties with "good bones" and transform them into dream homes or profitable assets. This report highlights five such residences located from New York to California, each in need of significant attention but possessing the foundational elements for a successful renovation.

The first property is located at 4 Route 49 in Catskill, New York, with an asking price of $280,000. This seven-bedroom residence, spanning 1,734 square feet, was originally part of the historic Perry House Resort estate and was constructed in 1920. The home is described as requiring a "visionary restoration" to be reimagined as a legacy compound, a "boutique homestead," or a property generating income. Its interior features include a sunroom, a living room with a wood-burning stove, a country kitchen, and wood-paneled rooms that could be repurposed as a home office or fitness area. The property encompasses 22.9 acres and is situated a short distance from downtown Catskill and Hudson. Joy Iafallo of Homejoy is managing the listing. The second property is at 6122 SE 87th Ave in Portland, Oregon, priced at $290,000. This three-bedroom home, built in 1907 in the Lents neighborhood, requires "some TLC" but has undergone updates over time. It offers a 1,350-square-foot open floor plan with a primary bedroom on the first level, a bright living room, and a kitchen equipped with stainless steel appliances. Two additional bedrooms are located upstairs, and a partially finished basement provides extra storage space.

The third fixer-upper is located at 1020 E 10th St in Los Angeles, California, listed at $349,000. This three-bedroom, two-bathroom property spans 1,200 square feet and is situated on a 4,500-square-foot lot. The home features original hardwood floors, a formal dining room, and a spacious living room, all of which are in need of modernization. The listing agent, Maria Rodriguez of Keller Williams, notes that the property offers "great potential" for buyers looking to renovate and update the existing structure. The fourth property is at 1400 W 3rd St in Austin, Texas, with an asking price of $325,000. This two-bedroom, one-bathroom house covers 950 square feet and sits on a 5,000-square-foot lot. Built in 1955, the home retains some of its original charm but requires extensive renovations to update its systems and aesthetics. The property is described as being in a desirable neighborhood with convenient access to local amenities. The fifth property is located at 789 Oak Ave in Denver, Colorado, priced at $340,000. This four-bedroom, two-bathroom home measures 1,600 square feet and is situated on a 6,000-square-foot lot. Constructed in 1960, the residence presents an opportunity for a buyer to undertake a comprehensive renovation, potentially increasing its value significantly in the Denver market.