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731 N Ames St, Spearfish, SD, 57783

2beds
1baths
720sqft
$345,000
$479price/sqft
$2,289/moest. monthly cost
$91,560/yrincome needed

About This Home

Whether you're searching for the perfect starter home, a peaceful retirement retreat, or a turnkey investment, this newly renovated gem is an opportunity you won't want to miss. This beautifully updated 1.5-bedroom, 1-bath home lends modern finishes with cozy charm and is ideally located just minutes from downtown Spearfish. Thoughtfully renovated from top to bottom, the home offers a fresh, like-new feel while maintaining its inviting character. Inside, the living space is anchored by a stunning brick gas fireplace, creating a warm and welcoming focal point perfect for cozy evenings. Just off the front entry nook or welcoming, a light-filled onus entry space serves as a charming reading nook or welcoming foyer-- an ideal spot to enjoy morning coffee, unwind with a book, or greet guests. In addition to the primary bedroom, the home features a small secondary room well-suited for a home office, nursery, or a cozy guest space. The spacious bathroom has been fully redesigned with comfort and functionality in mind, adding to the home's thoughtful layout and ease of living. Step outside to discover one of the property's most enchanting features: a picturesque creek that gently meanders through the adorable front yard, offering a peaceful, nature-filled setting that's rare to find so close to town. The large, expansive yard also provides ample room for relaxing or entertaining and offers excellent potential for a future ADU garage, adding versatility and long-term value.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

--
West Elementary - 03Grades 1-20.3 mi
6/10
5/10

Construction

Condition

  • Year built: 1932

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Site Built

Interior

Appliances

  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Master Bedroom

  • Area: 156

Property

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Cold Wave
Hail
Strong Wind

FEMA Declared Disasters in Lawrence County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,744$20,928
Home Insurance $178$2,136
Property Taxes $221$2,652
Electricity $146$1,755
Total$2,289$27,468

Income You'd Need if You Spent...

35% on housing$78,480/yr
40% on housing$68,670/yr
45% on housing$61,040/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$479This listing

vs Other Active Listings

Avg $/sqft

ZIP 57783$347
Lawrence County$298

vs Homes Sold Last Month

Median $/sqft

ZIP 57783$229
Lawrence County$241

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-10Listed for sale$345,000
2025-07-30Listing removed$1,800
2025-07-23Listed for rent$1,800
2025-06-23Listing removed$345,000
2025-04-09Contingent$345,000
2025-02-06Listed for sale$345,000
2024-03-20Listing removed$1,800
2024-03-13Listing removed--
2024-03-01Listed for sale$1,800
2024-01-31Price change$1,800
2023-12-18Listed for rent$2,000

For Sale by Agent

AgentJaden Harper
BrokerageeXp Realty

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