Check Out the Cheapest House for Sale in Loveland Right Now

Most people wouldn't use the term "affordable" to describe Colorado's real estate market. In Larimer County, median home prices have jumped 4% in the last year alone.

RELATED: How Do Home Prices Compare Year to Year in Colorado Counties?

However, there are still semi-inexpensive homes on the market in Northern Colorado. Let's take a look at the cheapest house for sale in Loveland.

Where is Loveland's cheapest home?

According to Zillow, you'll find the cheapest home for sale in Loveland at 2033 Alta Ct. It's close to the Banner McKee Medical Center, Planet Fitness, Sam's Club, and Cemetery Lake.

What is Loveland's cheapest home going for?

This Sweetheart City residence is on the market for $375,000.

There's one other home going for a cheaper $299,900 — however, it only has one photo.

Why the price cut?

There must be a reason this home is under $400K, right? There is. The Zillow listing says the residence "could use some cosmetic work," and it's being sold "as is."

The benefits of this Loveland residence

Loveland's cheapest home does have its perks. Zillow reports that the home's current owner has updated its windows, roof, gutters, garage door opener, furnace, air conditioning, fence, shed, flooring, and more.

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The house features four bedrooms, two bathrooms, a two-car garage, an AstroTurf backyard, and a radon mitigation system. The best part? It also boasts a double-sided fireplace. You can see the home's full floor plan if you request a tour.

Check out Loveland's cheapest home for sale last year in the gallery below.