Wichita Deal of the Day
Freddie Mac-Owned Starter: $60K Entry Point with $20K Price Drop
1928 S LAURA AVE, Wichita, KS 67211 • WALTER MORRIS & SONS
Published June 6, 2026
Listed by Roy Foster | R J Foster & Assoc, LLC | MLS# SCK670256 | Active
2
Bedrooms
1
Bathroom
676
Sq Ft
$89
Per Sq Ft
Property Details
Days on Market
72 days
Est. Annual Property Tax
$1,021.13/yr ($85/mo)
Year Built
1935
County
Sedgwick County
School District
Wichita School District (USD 259)
Lot Size
0.17 acres
Price Reduced
$20,000 off original price
MLS Status
Active
Why It's a Deal
Our algorithm scored this property 82 out of 100 based on compelling fundamentals: it's priced at $88.61 per square foot in a market where the median is $150.86, it's undergone a substantial $20,000 reduction, and it's been available for 72 days—long enough that the institutional seller is motivated. For investors or first-time buyers willing to address deferred maintenance, the price gap between this property and area median values ($276,990) creates significant value capture potential.
About This Property
- 💰$89/sqft — 41% below area median
- 📉Price reduced $20,000 — seller is motivated
- 📅72 days on market — strong negotiating leverage
From the Listing
Two important notes for serious buyers: First, there's a solar panel array on the roof with a UCC-1 filing that is NOT included in the sale—your lender will likely require a subordination agreement, or you can request removal. Second, a death occurred in the home, which is being disclosed upfront. These factors are already reflected in the pricing, creating the opportunity our algorithm identified.
Property Details
Area median: $151/sqft vs. this property: $89/sqft
Interested in this deal?
Contact Rehmert Andrews
🔎 Inspection Partner
Know exactly what you're buying before you close. ASHI-certified inspections — Wichita & surrounding areas.
Schedule an InspectionASHI Member · KAREI Member · Background Verified · (316) 644-6545
🛡️ Insurance Partner
Protect your new home from day one. Local State Farm agent — fast quotes, real answers.
🛡️ Get a Home Insurance QuoteRehmert Andrews & Associates does not endorse or guarantee any insurance services. Contact Dotsie Cuillo State Farm for coverage details.
MLS# SCK670256
Listed by Roy Foster | R J Foster & Assoc, LLC | MLS# SCK670256
Listings courtesy of South Central Kansas MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of Jun 6, 2026, 11:30 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Comparable Properties — ZIP 67211
How this deal stacks up against similar properties in the same area
This deal
$89/sqft
Avg Comp Price
$94,950
This Deal
$59,900
Price Difference
$35,050 below
$/sqft vs Comps
$21 cheaper/sqft
2bd · 1ba · 942 sqft · 1938
$115,000
$122/sqft
$33 more/sqft
28d on market
2bd · 1ba · 1,318 sqft · 1928
$114,900
$87/sqft
Our deal $2 cheaper
7d on market
1bd · 1ba · 600 sqft · 1940
$79,900
$133/sqft
$44 more/sqft
1d on market
2bd · 1ba · 706 sqft · 1935
$70,000
$99/sqft
$10 more/sqft
1d on market
Property Location
Map Layers
Loading map…
1928 S LAURA AVE, Wichita, KS 67211
4 comparable properties shown · click any pin for details