
The house we're looking at belonged to Dr. William A. Mudd and was built in 1860. (It's a historic house and even has a plaque in the front yard!!!) You can see some pictures of the house by clicking here. The original structure consisted of just the two front rooms of the house--then the other parts were added on later. William Mudd's father, Dr. Henry Mudd, was friends with Abraham Lincoln and was excused from official service during the Civil War after he agreed to give medical treatment to both Confederate and Union soldiers. William followed in his father's footsteps and became a doctor. The realtor said that supposedly William Mudd was related to the infamous Dr. Samuel Mudd who was accused of helping John Wilkes Booth escape after assassinating President Lincoln, but I was checking today and couldn't find any close family relations. But with a name like Mudd, surely they must be related somehow.
The house is in good shape for being as old as it is, but it has a few problems. It has a totally ghetto paint job inside, and the floor coverings in the kitchen and bedrooms are not tacked down to the floor. It has new electrical wiring and a new roof, but there is a small leak in the roof on the newest addition to the house. There is also a little water damage (it looks like some old condensation) beneath the linoleum on the kitchen floor, and there is a little bit of black mold around the storm door in the basement. That being said, at least the house has a basement! The house also has a lot of character. The kitchen wallpaper would have to go, and the ceiling panels in the living room and master bedroom would either need to be removed or covered up, but the house has amazing insulation. Their utility bills are 1/3 of what Greg and I are currently paying, and they keep their house 10 degrees warmer than we do!
Here is a list of pro's and con's for buying the house:
Pro's
- It has a basement
- Utility bills are 1/3 as much as we are paying right now
- Our monthly payments on the house loan would be less than what we are currently paying for rent
- We could build up equity in the home
- It is a historic house
- It is a brick home and is very well insulated
- We would have an additional bedroom
- It would be our house
- We could make money when we sell it in the future
- It has a big bathroom
- We could have a little garden in the yard
- It comes with all of its appliances
- Did I mention that it has a brick-lined basement--good for taking shelter during tornadoes?
- It would be fun (though a lot of work) to fix up
Con's
- Owning it would tie us to Athens, and if we were to move in the near future, we would have to sell it
- It is old and could, at any time, have any number of problems
- Its furnace is kind of old and might need to be replaced in a few years
- It would need to be repainted and have the floor coverings fixed
- The mold problem around the door in the basement would need to be fixed
- We would need to make sure that the panels in the ceiling do not contain asbestos
- It doesn't have a garage
- It doesn't have a lot of closet space
What do you think?





















