Under $100k Sunday – c.1920 House To Be Moved Pacific MO $89K – Update: Demolished
October 10, 2021
222 N 1st St, Pacific, MO, 63069 $89,000
Update: A reader lives across the street and tells me that this house was torn down three weeks ago. When she first moved across the street, #222 was owned by a lovely couple who took good care of it. It subsequently passed through several owners and gradually fell into disrepair. Sadly, another one bites the dust. With an $89K price tag for a house that had to be moved, we should have expected this outcome. Greed.
OHU50K NOTES
Given the cost of relocating a house, I find it incredulous that 10,000 buildings are moved every year. What is more incredulous, is an $89,000 price tag for a house that needs to be moved. I recently read an article that financing a house move can be extremely challenging, and cash is usually the way a buyer has to go. Of course, there are environmental and historic preservation advantages in moving a house, but in my mind, the house itself should be free or at a very nominal token fee.
2 Comments
Ginny Weir
I live across the street and this house was torn down two weeks ago. Such a shame to see that history bulldozed. When we moved here, it was owned by a lovely couple who took good care of it. It has passed through several owners since and gradually fell into disrepair.
lisa nowlin
Demolished?! Oh that makes me so sick! I too think asking that type of money to buy it and pay as much to move it is crazy! Such a beautiful home. The owner must have been insane.