Um, you mean $800,000, don't you? I've been doing a lot of shopping for 5 acres in Northern Virginia with a three-bedroom house on the property, preferably a fixer-upper, and I never see anything less than $600K east of the Blue Ridge. If someone told you he bought even a modest townhouse for $80K, he's joking with you.
In should have said Western Virginia. I saw a photo of the house.