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by evilduck
3 days ago
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Yeah: It's a 128 year old home in a small town in the middle of nowhere. Hit it up in street view and look at the dilapidated neighborhood in the dying town it sits in, surrounded by a 50 mile radius of farm land. Unlike ancient European masonry homes in some of the most passive of climates globally, a 128 year old wood construction house in the central United States is not desirable for most people. This one is in a location that gets hot summers and cold winters. Homes of this age come with substantial upkeep and modernization costs, they lack modern amenities like central air and heating, good insulation, or even a kitchen that fits normal modern appliances, they creak everywhere and are drafty, floors aren't level or are warping, they have a distinctive odor that's impossible to remove, and they harbor surprises from all sorts of things that the last 7 generations of owners did for themselves over the decades. My family has owned similar properties in Missouri. The price is reflective of the market demand, not the losses the owner dumped into it. |
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