Would You Pay a Half-Million Dollars for This Abandoned Gobles Farmstead?

There's a lot of land and one stately old abandoned home on this Gobles area property that's currently listed for nearly a half-million dollars.

The home is located along 26th Street near the Van Buren County village of Gobles. The 92 acre property is listed at $425,000 and is described as

heavily wooded with mature trees, trails, hills and some tillable land. Opportunity to split or keep it all for your recreation or home site. Old barn is still in tact and could possibly be restored. Additional Pole barn with plenty of room for storage of vehicles, toys, materials etc. An old farm house is still onsite and appears to be good bones and the next owner may want to remodel or start over.

The home was discovered by the Michigan's Abandoned Structures and Places on Facebook. And as one of the members noted, you'd need $425K to buy the property and likely that same amount to fix up the house.

So would you make this kind of investment?

[Jaqua Realtors]