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Some buyers hunt for bargain houses they can pick up and move to a new location. But if you’d rather have a house that someone else has already relocated, this Fort Worth, TX, find is the one.
For $300,000, you could own this Dutch Colonial Revival known as the Talbott-Wall House, now safely ensconced in a new location just a couple of blocks from its original spot.
Built atop the Trinity River bluff in 1903 by Richard Talbott, the house stayed in the family until the early 2000s. Embry Partners, a development company, bought the land the home was sitting on with plans to build a multifamily development.
Embry Partners contacted the Historic Fort Worth organization and donated the home. The company even assumed some of the expense of relocating the building approximately two blocks up on the same street.
“As you go into it, you almost feel like you’ve stepped back in history,” says listing agent Karen Holcomb. “The home is just in beautiful condition, and it is definitely worth saving.”
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The home retains its original features, from the woodwork to the gambrel roof. The large foyer has a curved staircase with a nook underneath. French doors lead to the study. Outside, Corinthian columns grace the porch. The 2,098-square-foot home has three bedrooms and 1.5 baths.
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The home, which made the move with minimal cosmetic damage, now sits on a new foundation on its new lot. Historic Fort Worth connected a city waterline to the exterior of the property. Plumbing, electricity, and air conditioning/heating will need to be installed.
Potential buyers should be aware that wholesale changes might not be possible. The building is under review by the city for local historic and cultural landmark designation.
The next owner could try to take the designation process to the state level, or higher.
“Anyone I show it to, I always mention ‘think long term,’ because the house has not been altered and it is truly an opportunity for state or national historic designations if a new owner chooses to take it that far,” says Holcomb. “Restoration is certainly possible, but a buyer would need to be very cognizant of those [historic] guidelines going into a project rather than after the fact.”
The historic home could be used for either commercial or residential purposes. But in either case, it has a ways to go. “There are more opportunities from a cost-effectiveness standpoint to have a business own this and have a commercial user, but that is not to say that we aren’t going to end up identifying a passionate residential user that has the resources to bring it back to life,” Holcomb says.
She credits the hard work of many folks who helped save this historic gem from the wrecking ball. “We are working very hard to give it a great deal of exposure to find that next owner that will restore and love it,” she adds.
The post After Moving 2 Blocks, Historic Fort Worth Home Needs Buyer to Move In appeared first on Real Estate News & Insights | realtor.com®.
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