$100K Starting Bid for a 3-Bedroom Home on 1.15 Acres!

A country setting, more than an acre of land, a finished walk-out lower level, a huge back deck, workshop space, and three bedrooms make this Lockport, New York property an interesting opportunity — but there is one important detail buyers need to understand right away.
The $100,000 figure shown for 4343 Purdy Road is the auction’s starting offer and does not represent the property’s final sale price. The home is being offered through a competitive online bidding process, with bidding scheduled to close on November 12, 2026.
The property sits on approximately 1.15 acres in Niagara County and was built in 1975. It includes 3 bedrooms, 1 full bathroom, 1 half bathroom, and approximately 1,404 square feet of total space when the main and lower levels are combined.
A Quiet Country Setting
One of the strongest selling points is the location.
The house sits back from a quiet rural road on a lot measuring approximately 1.15 acres, giving the property a noticeably different feel from homes packed onto smaller neighborhood lots. Mature trees surround parts of the property, and the large setback adds to the sense of privacy.
There is also a large blacktop driveway, providing plenty of convenient access to the house and its additional structures.
For someone who wants outdoor space without taking on a huge amount of acreage, just over one acre can provide a useful middle ground — enough room for gardening, outdoor recreation, pets, entertaining, or simply having more distance from neighboring homes.
Bright Living Space and an Eat-In Kitchen
The main level features a large, bright living room that flows into the eat-in kitchen.
From the kitchen, a door leads directly outside to the home’s large rear deck, creating an easy connection between indoor and outdoor living.
That deck could become one of the home’s most frequently used spaces during the warmer months, whether for outdoor meals, morning coffee, gatherings, or simply enjoying the surrounding property.
Flooring includes carpet and vinyl, while the kitchen features laminate counters. The property also has an open kitchen arrangement and baseboard heating.
Two Bedrooms Upstairs, More Space Below
Two of the home’s bedrooms and the full bathroom are located on the main floor.
The lower walk-out level adds significantly more usable space. It includes the third bedroom, a family room, workshop space, laundry area, and a half bathroom.
According to the auction listing, the home provides roughly 700 square feet on each level, bringing the combined total to about 1,400 square feet.
Public-record sites sometimes show only the approximately 704 square feet of above-grade space, which explains why buyers may see conflicting square-footage numbers online. The active auction listing separately identifies about 704 square feet above grade and roughly 700 square feet below grade.
The walk-out design is particularly useful because the lower level has direct exterior access rather than functioning solely as a traditional enclosed basement.
Major Heating Updates in 2023
The home has also received some relatively recent mechanical updates.
According to the listing, a new Dunkirk propane boiler and new propane hot-water tank were installed in 2023.
The property uses propane fuel and has two heating zones. Cooling is provided through wall or window air-conditioning units.
For an older home, recent replacement of major mechanical components such as the boiler and hot-water tank can be an important detail for prospective buyers to factor into their evaluation.
Workshop, Sheds and Carport
The property offers more than just the house.
A detached workshop with electricity provides useful space for tools, hobbies, equipment, or projects. There are also two storage sheds on the property.
A carport is positioned beneath the large deck, giving the property covered parking without requiring a traditional attached garage.
For buyers who regularly work on projects or simply need extra storage, having a powered workshop already on site can be a major advantage.
Municipal Water and Private Septic
The listing identifies municipal water and a private septic system serving the property. It also notes 200-amp electrical service.
The combination of a country-style setting with municipal water may appeal to buyers who want rural surroundings without relying on a private well.
An Auction, Not a Traditional $100,000 Listing
The most important point is how the property is being sold.
This is a competitive online auction rather than a conventional listing with a fixed $100,000 asking price.
The auction company specifically states that the displayed $100,000 price is only the starting offer and has no bearing on the ultimate selling price. Offers are due by Thursday, November 12, 2026 at 7:00 PM, and the seller is using transparent competitive bidding to determine the buyer and final price.
The listing also says financing is allowed, but the purchase is contingency-free. Anyone considering bidding should therefore carefully review the auction terms and complete any desired inspections or financial preparation beforehand.
A Rare Opportunity in Lockport
For buyers attracted to country living, this property combines several desirable features in one package: 1.15 acres, three bedrooms, 1.5 bathrooms, a finished walk-out lower level, huge back deck, powered workshop, two sheds, carport, and recent heating-system upgrades.
The $100,000 starting point is certainly attention-grabbing, but the final selling price will depend on bidding.
Still, for someone searching around Lockport for a home with land, additional work space, and a quieter rural setting, 4343 Purdy Road is one property worth watching as the November 12 auction approaches.
Listed on Zillow
























