Is the cup half full or half empty? The half full is a three bed, bath and a half late Victorian house located on one third of an acre right next to the Neighborhood Guild with water and sewer, and natural gas. The kitchen and bathroom were recently remodeled. The dining room has hardwoods. The gas-fired direct vent heating system was installed just a few years ago. The three main downstairs rooms have bow windows. The half empty is that a burst pipe in December caused extensive water damage to half the house. Two bedrooms, one upstairs and one down are down to the studs and subfloor. The same is true for the living room and hallway. The damage recovery company has done a terrific job of getting this 140 year old house ready for its next owner and next century. A conventional loan wont do it. Cash, or a 203k, or a construction loan will be necessary.
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