A few minutes ago, "my" firehouse up on Central Avenue went to the highest bidder (of five) for $290,000.
Part of me really wanted it. The other part of me was not into negotiating the zoning (commercial) or property tax appeals. Then there's the roof — not only do you get to pull off the old roof and put on a new one, you also have the pleasure of repairing all the rotting rafters — and the heating, electricity, plumbing, and so on.
If I had about $150,000 more dollars, I'd have done it. But I don't think I could have swung what I estimate would be $3,000 a month in costs during renovation.
Am I a little sad I didn't go to the auction? Yeah. But it's for the best. I'd certainly have bid after $290k. The property will be unique and valuable when it's finished.
It's just the meantime I couldn't handle.
And then there's the dead squirrel factor.
photo by Spencer