This!!! I have a feeling the housing market is about to become the new car market in terms of value. That may not be such a bad thing in the aspect of the seller making a profit. But you are paying a shit ton more to get into one not needing a lot of work than what you should. On top of that, the property value/worth is ridiculous compared to a lot of the homes that are on said property.
When my wife and I were looking, we could find awesome properties, with 3-5 acres but the house would be atrocious! or (the direction we chose to go) the house would be in decent shape, fairly well updated, but only be a 1/4 acre in town. Mind you we were looking in the $150k range. $250k definitely gets you a much better set up and options.