You know the old saying, you get what you pay for.

If you are looking for a true handyman special and can flip a home, the cheapest home for sale in Western New York will cost you less than $5000 dollars.

The home is located at 14 Cook Avenue in Jamestown, New York, and is currently listed on Zillow for only $4500.

Of course when you buy a home for less than what some people pay in rent for a couple of months you "get what you pay for"

This home needs A LOT of work and in fact, the buyer of the home also has to submit a plan to renovate the home. The reason for that is the home is part of a neighborhood revitalization plan. This home is being sold well below market value but in order to get that price, the new buyer has to submit a list of renovations and the cost to the seller.

Currently, the home is owned by Chautauqua County Land Bank.

With that being said, if you are handy or know people who can rehab a home you can get a great deal on this place.

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According to the listing, it is a 3 bedroom, 1 bath home that has over 1500 square feet of living space. The home is also located close to the McCrea Point Park and Public Boat Launch, so it is a great place for the person who likes to be outdoors.

Check out some photos and decide if this $4500 home is for you.

This New York Home Listed For Sale For Under $5000

14 Cook Ave, Jamestown, NY 14701

Gallery Credit: Dave Fields

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Home in Orchard Park offers a park-like backyard and 7 bedrooms and 7 bathrooms.

Gallery Credit: Dave Fields

This Is The Ugliest House For Sale On Zillow

They say real estate is all about location, location, and location, but sometimes you still have to have a little style in order to sell your home. 

Gallery Credit: Dave Fields

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