We combed by actual property listings to search out Maine houses that might truly be inexpensive to the typical particular person.
The median Maine family made simply over $75,000 a yr in 2022, in accordance with the Federal Reserve. Below commonplace monetary circumstances, a family making that a lot can afford a home of roughly $275,000, Zillow’s affordability calculator says.
Houses at that degree and beneath are getting more durable to search out, however we checked out roughly 200 this week, discovering favorites in Pembroke, Outdated City, Damariscotta, Sidney and Biddeford.
A Down East homestead
$264,900. 12 Masonic Lane, Pembroke
In-built 1863, this cedar-shingled house is distant, about half-hour in both route from Calais and Machias. It’s 1,750 sq. ft with three bedrooms, two bogs and a wooden range.
It’s the 7-acre lot that caught our consideration. It’s house to mattress gardens, fragrant fields of thyme and some apple timber. Salt water is only a few miles away, and the 28-acre Hershey Level nature protect is up the street.
The house has been in the marketplace because the summer time, however a number of folks have expressed curiosity, and it might be a great spot for homesteading, mentioned itemizing agent Georgie Kendall, a dealer with Realty of Maine.
“Pembroke appears fairly scorching, and there aren’t that many (houses) in the marketplace,” Kendall mentioned.
This charming Outdated City colonial
$265,000: 231 Brunswick Avenue, Outdated City
This three-story house is each charming and inexpensive to the typical family. The two,000 sq. foot residence has been owned by one household because it was inbuilt 1900, itemizing agent Elly Chapman of NextHome Expertise mentioned, however it was lately renovated.
The colourful house has 5 bedrooms and one rest room. There’s a fenced yard for pets to play freely. It will make an ideal house for a household or as an funding for somebody eager to hire to close by school college students, Chapman mentioned.
A property of this dimension at this value level is uncommon within the Bangor metro space, Chapman mentioned. Market exercise is low proper now, however she’s already acquired one supply sight unseen. The agent expects the property, first listed 12 days in the past, to be in the marketplace for six to eight weeks right now of yr.
A Damariscotta farmhouse
$269,000: 23 Biscay Street, Damariscotta
This farmhouse was inbuilt 1853, that means it has a wealthy historical past in addition to some charming quirks, itemizing agent Max Ross of Pouliot Actual Property mentioned. It boasts a well-maintained acre and an connected barn. The home is a bit of beneath 2,000 sq. ft and has three bedrooms, two bogs, an up to date kitchen and hardwood flooring which are uneven in some locations.
One thing this inexpensive within the fascinating midcoast area is uncommon. Common house values in Damariscotta are $470,000 and up 9 p.c over final yr, in accordance with Zillow.
Although the property has been listed for about 40 days, Ross mentioned that the house is engaging to anybody who needs to enter the “booming” housing market at an inexpensive value.
This lately refinished Sidney house
$255,000: 2634 Center Street, Sidney
This 1,850 sq. foot house at 2634 Center Street was partially constructed within the 1800s and is among the oldest homes in Sidney, itemizing agent Kara Bickford mentioned.
The 4 bed room, three rest room property sits on an acre and is about 10 minutes from Augusta or Waterville, Bickford mentioned. Standout options embody an extended farmer’s porch and a spacious yard with apple and walnut timber, and raspberry and blackberry bushes, in accordance with its itemizing.
Bickford mentioned the property is among the many few inexpensive houses on the market within the Augusta space, the place house costs are anticipated to rise at among the nation’s quickest charges over the following yr.
Although the house has already been listed for 60 days, Bickford expects it gained’t be in the marketplace for much longer.
A starter house in downtown Biddeford
$263,5003: 9 Wentworth Avenue, Biddeford
The worth of this 1,360-square-foot house is usually in its location. With three bedrooms and 1 1/2 bogs, it’s inside strolling distance of eating places, procuring and transit in a former mill city that has seen one thing of a renaissance in recent times.
The house was inbuilt 1860 and has some rotted wooden and a necessity for paint. However itemizing agent CJ Dubois-Cote with Keller Williams Realty mentioned she has nonetheless seen a ton of curiosity. With some work, the property would make an ideal starter house, she mentioned.
“I feel this can be a distinctive property,” she mentioned. “There’s not a lot on this value level in any respect. We’re not seeing any affordability, particularly downtown.”