Friday, February 20, 2015
Perchance to Dream: The Bailey-Floyd House
Located in Abbeville, GA, about an hour and a half from Macon, the Bailey-Floyd house was built c. 1850 and is a lovely example of Greek Revival architecture. The listing states clearly, "This property needs work, a jewel in the rough." But its negotiable price is a mere $44,000. With that price, you could probably work out a plan for immediate and then later renovations. Or it could be a money pit. There's always that possibility!
But seven bedrooms! Small-town living! Two hours from the Georgia coast! $44,000!
The master bedroom is on the main level. The yard features large, established pecan trees. Both bathrooms are on the first floor, which isn't convenient. My guess is that there are substantial structural issues to overcome and quite possibly all systems need updating. Ch-ching!
I ran a quick Google search and found that the house is also reputed to be haunted. Of course it is! It's an old house in the South. They all have ghosts, right? I don't think that would turn anyone off. I also found that it's been for sale for several years. One price I saw was almost twice its current asking price.
Ghosts may not scare people, but severe structural issues might.
Still, can't you just picture it, restored to its former grace and stateliness? I can. Maybe someone else with the know-how, contacts, patience, time, and deep pockets this sort of renovation requires will, too.
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