Ft. Worth, Texas
Price: $16,000
State of repair: Needs a lot of work
This ugly duckling could be turned into a swan by the right buyer. It does have some potentially attractive features, such as the deep columned porch set off by the steeply pitched roof.
It has gone through a partial renovation with new wiring, walls and floors, but there's quite a bit more to do. There's siding to complete, plumbing work to be finished, and repairs to the windows and roof. The entire interior needs paint.
HomeVestors estimates at least $12,000 has to be spent to make the place inhabitable, plus some sweat equity, but that would make the ultimate cost to a buyer only $28,000 for a cute place not far from the Ft. Worth business district.
For more info: HomeVestors
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Last updated March 22 2011: 11:15 AM ET
