Affordable historic homes can be hard to find – except in Villa Verde, a neighborhood built by Frank B. Wallace

Are you looking for a truly historic home in Phoenix for less than $100,000?

This is a doable proposition, but you’ll have to make some compromises. The homes available to you are going to be fairly small, for one thing. And they won’t be in the toniest of neighborhoods. And you should plan to expend some elbow grease, both in restoring the home’s historic authenticity and in undoing past botched remodeling efforts.

This is precisely the same process folks went through in the Willo and Story Historic Districts. They just endured their hardships a decade or two earlier.

It’s a sweet thing if you can buy an historic home that has already been restored, planted amidst other restored homes. But if you don’t have that kind of money, you’ll need to take on the pioneer’s burden in another neighborhood.

The downsides of this process are abundantly clear, but the upside can be very attractive: You can be the urban homesteader who brings a neglected historic neighborhood back to popularity — and to acclaim and prosperity, as well.

Perhaps the best place to explore this kind of opportunity is in The Villa Verde Historic District. This little pocket neighborhood, just west of the Arizona State Fair Grounds, was built entirely by Frank B. Wallace, one of the seminal home builders in early Phoenix history. BloodhoundRealty.com represented Wallace’s family home a few years ago.

The most affordable home for sale in Villa Verde right now is 1902 West Granada Road, which is offered at $59,900, but there are several others available for less than $100,000.

And the homes are completely unique, no two alike. The photo you see above is a detailed image of the Clinker Brick used in the construction of 1920 West Granada Road.

Will Villa Verde be as in-demand as the Willo or Story ten years from now? There’s no way to predict that. But if you’re looking for a genuine historic home in Downtown Phoenix, a home with an impeccable historic pedigree, Villa Verde has a lot to offer for the money. If you’d like to explore your opportunities, you can click this link to see detailed photos of some Villa Verde homes. Or, better yet, give us a call at 602-740-7531 and we’ll take a tour of the available homes in person.

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