We in the U.S. love to buy new houses and expand expand expand! Sometimes we leave gems behind in places that have experienced decades declines. I came across this house while driving today (keeping location secret for moment) and thought. That would be a great project!
Assuming the house has a solid structure, proper zoning, and basics still intact (i.e. stair cases) it could be worth the elbow grease. I decided I was going to look up the owner of record and see if I can put in a very low ball offer in (...like really really low).
Its in an ok neighborhood. Not good or bad but maintaining its value. Middle class in orientation and with a little effort it could be a great head turner. It also looks like it has a lot of land in a big town.
Reinvesting back in some neighborhoods can keep them fresh and alive. Instead of pulling money out we should be drawing back in. I've seen some communities get popular again and spring forth new life. Great design for a house!
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