No comps for 1920 craftsman

[Bill Haines]

My wife and I are considering purchasing a 1920 craftsman style home that's 3500 ft.² for our family of five. However, in our small town of 8000 there are no comps. I don't forsee any significant appreciation in the next five years. My offer would be $80K. Rehab cost will be $125K. ARV I suspect would be $295k to $300k. If we only plan on living there for five years, is it worth pursuing? 

[Parker Eberhard]

@Bill Haines if this is going to be a home for your family, the question of being ‘a good deal’ gets complicated. If the house is going to a great house for your family, and bring happiness and joy, looking to make some $$$ on the house may not be the best way to evaluate it