I stumbled upon this old, historic fixer-upper for sale in Clinton, NC. It’s been on the market for a while and was recently reduced to $210,000.
It’s known as the Allmond Holmes House. Built in 1856, it’s on 1-acre of land with three other structures on the property (original smoke house and 2 guest houses).
The architectual details are beautiful. However, the home needs a lot of TLC/rehab work. For the right person, in the right situation, it might be a good deal.
How much money would need to be spent to restore it? When doing a major renovation/rebuild/rehab, the owner cannot exceed the ceiling for the neighborhood/location/geographic area. If they do, the owner will never get their money back.
As we all know, home renovation is rife with hidden expenses. It’s usually all the little things that weren’t thought about that add up. It happens to everybody, and it’s OK, as long as you’re in the right location.
As they say, “Location, location, location.”
Check out the porch!