Cheap Old Houses: House in IL's neighborhood maybe?

[catherine]

I follow Cheap Old Houses on Instagram, just because I hold out hope that some people still like old stuff.

So this one popped up on their instagram:

https://www.zillow.com/homedetails/4.../2960427_zpid/

It looks like it could be from your neighborhood, IL? But the inside is gorgeous. Nobody messed with the Craftsman interior. And only $55k????? Wow.

[iris lilies]

I follow Cheap Old Houses on Instagram, just because I hold out hope that some people still like old stuff.

So this one popped up on their instagram:

https://www.zillow.com/homedetails/4.../2960427_zpid/

It looks like it could be from your neighborhood, IL? But the inside is gorgeous. Nobody messed with the Craftsman interior. And only $55k????? Wow.

Holly Hills is a nice neighborhood. That house is a steal even by St. louis standards.

someone cleaned it up and polished the bits to make it look its best. Anyone could move into it and slowly add/ replace baths and kitchen, if they needed to. Even adding new HVAC and sewer if needed would still make it $100,000, a good price.

Most of the important things are original, such as fireplaces and doors and woodwork. The only hideous thing is that one room with paneling, and that is no big deal to remove.

It’s pretty far from my old neighborhood and is a generation newer than mine.

[JaneV2.0]

Those prices knock me out. someone could buy twenty of those for what (inferior) houses go for around here.

[iris lilies]

Oh wait!

never mind, this is a shitty neighborhood. When I saw the park, I thought it was Holly Hills near Carondelet Park. But it is an”up North” park.

This explains the seemingly great price.

If most of you wouldn’t live in my old neighborhood I guarantee you wouldn’t live in the neighborhood where this house sits.

The Low price of this house was bugging me So that’s why I came back to double check it. it just didn’t seem right. In Holly Hills it would go for a couple hundred thousand dollars.

[Teacher Terry]

5 years ago when my son lived in Wichita Kansas you could buy a old house that needed work for 40k and the neighborhood was okay.

[littlebittybobby]

Are there old, junk cars sitting around, that keep property values down? Just curious.

[ToomuchStuff]

Kind of makes me think of programs that were started here, trying to get local LEO's to move into downtown neighborhoods, with the thought it would clean them up.

Also makes me think of my old neighborhood. The house Frank James died in recently sold for $130K, because it needs plumbing and I believe foundation issues (1800's rock foundation). Where a house down the street from the early 20's, was a $40K house a few years ago, just sold for $183K.

[catherine]

IL, haha, thank God I didn't call up the realtor and buy that house as an investment property! But, gee, it sure looks nice! That's why I don't like to go by the pictures on real estate sites. Too many times I've been drawn in by the pictures, only to find the real thing looked a lot different in the context of its surroundings.

[iris lilies]

IL, haha, thank God I didn't call up the realtor and buy that house as an investment property! But, gee, it sure looks nice! That's why I don't like to go by the pictures on real estate sites. Too many times I've been drawn in by the pictures, only to find the real thing looked a lot different in the context of its surroundings.

It’s tragic though isn’t it? Someone has lived in this house for a long time, taking care of it, not removing any of the original features.

[catherine]

It’s tragic though isn’t it? Someone has lived in this house for a long time, taking care of it, not removing any of the original features.

Absolutely.