"Is it nutty to buy a house built in 1910?" In my opinion, I would say it depends. Is it nutty to buy that house built in 1910? ...I tend not to get caught up in the fluff. I care about the guts of the house. It's location in general and it's location within the neighborhood. Home inspectors routinely miss critical flaws. From what I see, there's far too many negatives with the property, so there isn't anyway I'd drop almost 2 mil for that house, unless you could knock it down and build units.