Wow; that's a lot of house for the buy! The beauty of an older property, among many, is knowing that it's able to weather the storms...aka sturdy...
The office-like area in the back could easily convert into a small business space...i.e. nail or hair salon, accounting office, counseling services.
I can't wait to see the final results. In many cities this house would easily net 450K +. Of course, as you note, the value of the community determines the 'realistic' value of the property.
Novice's question: Would putting a privacy fence in the small, open perimeter of the backyard increase the overall value of this property?
Btw, that side property could easily convert into a mother-in-law suite or nanny's quarters for those not needing the extra cash.
Thanks for sharing. Real estate is an excellent investment strategy for growing BTC...Oh yeah!!!
Peace.
RE: Progress on a Craftsman House Flip