Cost of repairs comparisons

[Marcus Melgoza]

Hey guys I came upon this property

1025 McKinley Ave NE Huntsville, Al and I want to hear your thoughts on it on a certain topic. I noticed this house was built over a century ago and when I looked at the property I noticed a lot of things needed to fix. We’re talking about sidings, roof, you name it. My question is: when I hire a G.C to give me an estimate on repairs needed will he be taking into account the fact that it’s a house built in 1900 and it’s gonna be treated as historic? If it is historic are the prices of repair going to be more expensive or about the same a non-historic house? This bank owned house going for 105k, I’m thinking I could probably bring it down a few thousand. Plus, I’m also seeing the comparables sold in the market for the last sold house in the area anywhere close to that house is 200k, but I doubt this one will sell for that price because the closest comparable is from year 1960. I need to know if the house is worth the repairs or even worth the trouble of doing all the investigating. Please hand me your thoughts.