Location: Wilson, N.C.
After sitting vacant for at least 20 years, the house was sold last April to Percy and Veronica Kelley. The couple, who have restored more than 40 old homes, repaired the roof and rebuilt the deteriorated interior floors. After stabilizing the house, the Kelleys sold it to Kathy and Robert Ward, who will move to Wilson from Indiana after the first of the year to complete renovations. "We certainly prefer an older home over a new one," Kathy said. "They have so much character."