I also say it depends on location. Is it somewhere you want to be? .15 acres of just grass and rocks, wedged between existing buildings out of town will go for 100k around here no problem. If I were to buy a place like that, I'd look into building code stuff and just plan on dozing the current house and putting up a new one if "too many" things have to be done to restore it. Without a good foundation and house support, there's no point in covering it up in new materials just to have it rot from the inside. To me... the house will probably do better as a fixer upper to be used as a barn. Not sure how the moisture is where you are, but if a building is out here like that, it would be mold heaven in no time.
I'd also look into fire service, hospital distances, potential development in the area that could strip your rights to animals, and environmental things that might be hiding 2-3 inches under the soil or in the woods that could cause problems. If someone used the far back corner of the woods as a dump site sometime in the past, it could cost thousands to fix.
But hey, doesn't hurt to go look!
I'd also look into fire service, hospital distances, potential development in the area that could strip your rights to animals, and environmental things that might be hiding 2-3 inches under the soil or in the woods that could cause problems. If someone used the far back corner of the woods as a dump site sometime in the past, it could cost thousands to fix.
But hey, doesn't hurt to go look!