Today’s real estate market is in a slump. What this means, clearly, is that you should be buying.
If you’re willing to live in the middle of nowhere, here are a few very interesting ideas for homes:
- $320,000 buys this ~3,000 sq. ft. building, a former railroad station. With just a tiny bit of work, it would be a nice home. Check out the living-room-to-be; mount an LCD TV right over the fireplace and put down carpeting over most of the floor (except for right by the fireplace). There’s a bookcase off to the right, although I’d paint it white. Breakfast nook anyone? Just put down a carpet. This view is pretty inviting, too. (And check out the palm trees outside: it’s Georgia, after all.)
- If you’re more of an athlete, how about this school in Kansas? $325,000 buys you 24,500 square feet on 5 acres. The gym looks ready to use. Read “17 classrooms” as “17 palatial bedrooms” after you renovate them a bit. (Carpet + less-hideous ceiling + ditch the fluorescent lights.) And tell me that library wouldn’t make a nice home theater.
- This place in Missouri is ridiculously nice. Tell me the third picture isn’t what you want to see as you walk home. It sets high expectations for what’s inside, but it’s even nicer than you might expect.
- This old Montana bank is dirt cheap. 6,200 square feet for $140,000. I’d want to totally gut the interior, and the location is probably not desirable, but still… Oh, and put a nice fence up on the roof for safety, and then you have a pretty sweet ‘outdoor’ area. And it has a vault!
- This place is totally undesirable but ohhh so cheap. It looks like it’s ready to fall down, and the power substation in the front yard destroys whatever value the place may have had. The good news is you may never lose power.
- Cheap place in Indiana with an associated business.
- This building is butt-ugly but is situated on a nice dam. I want to live here!
- Whoa! 40,000 square feet of amazing office space? Might make a nice home.
Granted, you’d be an idiot to buy any of these places without looking carefully into all the costs and zoning laws, and I’m not sure any are in good locations.