Victorian Home Listing Analysis: Van Buren, ME
Price: $185,000
Key Features & Highlights:
- Location: Rural Van Buren, ME (near Canadian border), with 6.7 acres and St. John River views.
- Size: 2,166 sq ft, 4 beds, 2 baths. Includes mudroom, laundry, attic, and unfinished basement.
- Historical Charm: Built in 1908 with Victorian architecture, wood siding, stone foundation, and 2 fireplaces.
- Utilities: Public sewer/water, circuit breaker electricity.
- Outdoor: Gravel parking (1–4 spaces), potential for privacy/outdoor activities.
Pros:
- Affordable Price: Low for a 4-bedroom home, especially with 6.7 acres.
- Scenic & Spacious: River views, large lot, and classic Victorian details.
- Public Utilities: Avoids rural well/septic challenges.
- Expansion Potential: Unfinished basement and attic offer room for customization.
Cons & Considerations:
- Age & Maintenance: Potential issues with plumbing, electrical systems, insulation, or foundation moisture. Shingle roof may need replacement.
- Remote Location: Limited access to urban amenities; possible challenges with internet/services.
- Reno Costs: Modernizing kitchens, bathrooms, or HVAC could add expenses.
- Seasonal Factors: Gravel parking may require winter upkeep; check flood risk near the river.
Target Buyer:
- Seeking a quiet, rural lifestyle or vacation home.
- Willing to invest in renovations/historical upkeep.
- Values land and privacy over proximity to urban conveniences.
Recommendations:
- Conduct a thorough inspection focusing on foundation, roof, and HVAC.
- Research flood zones and historical registry implications.
- Budget for renovations/upgrades and compare with local property taxes.
This home is a compelling opportunity for the right buyer but requires due diligence to address its age-related challenges.
