Currently, property for sale in Cold Springs is, overall, reasonably priced. There are 70 properties actively for sale in that area. 6 are manufactured with the lowest priced at $27,000. Stick built homes, of which there are 64, are priced from $49,900.
You can find a fixer upper in Cold Springs just as you can find a fixer upper in most areas of town. In Cold Springs, many of the listed properties are short sales. The lien holder of these properties needs to satisfy their investors with a reasonable selling price that gives them some acceptable return on a failed investment.
That being said, I am not sure how you determined that you would be able to acquire a home in Cold Springs for $24,000. At this point in time, I do not see your price as reasonable for any stick built property there unless you are willing to consider a modular.
Team Jewett Realtors
Realty 500 First Choice
Short Sale: www.shortsaleinformationcenter.info