Most buyers wouldn't go near a condemned house that had been foreclosed. Especially one that had visible water damage, a falling-down porch and lots of basics missing -- including the kitchen sink.
Jennifer and Chuck Shepard didn't let that stop them.
They had been hunting for a fixer-upper in Eden Prairie when they toured the bank-owned mutlilevel house. At first, they were appalled by its condition -- the floors bounced, there were holes in walls and every bathroom had been stripped. Then they walked into a bright solarium at the back of the house.
"I told Chuck that we should turn it into a kitchen," recalled Jennifer. "We looked at each other and realized there wasn't a kitchen."
What the 1970s home did have was an acre of land and 4,000 square feet that would offer plenty of room for the Shepards and their two children. It also had two massive bay windows, an open floor plan and a solarium that would make an awesome kitchen.
The Shepards, who had remodeled two previous homes themselves, were confident they could replace the floors and patch walls, as long as the foundation was solid. Plus the price was right. They paid $180,000 for what was listed as a "tear-down."
"It was an ugly duckling that just needed our time and patience," said Jennifer. "We could picture it as our fairy tale home."
Just add water