123 Lea Drive, Newark, NY 14513

$114,900 for a ranch on a third of an acre with an attached garage and a full finished basement. Read that again. Now the honest part — and we mean all of it: the roof needs replacing, the bathrooms are dated, the kitchen is original, the finishes throughout are tired, and the house has been closed up for a while. You'll know it when you walk in. We're not hiding any of it. We're pricing for all of it. That's the whole point. Every one of those issues is cosmetic or fixable. None of them touch what actually matters in a house: the block foundation is solid, the gas hot water baseboard heat works, the copper plumbing is intact, city water and sewer are connected, and the bones of this 1953 ranch are exactly what they should be after 70 years — honest and sound. What you're buying is the gap. The gap between what it costs to put a roof on, gut two bathrooms, refinish floors, and update a kitchen — and what this house is worth when you do. On a quiet Newark street, on 0.36...