Lead, South Dakota, this old house best neighborhood 2012
Photo: Courtesy of Mike Stahl
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Lead, South Dakota

"I moved to Lead from the East Coast 28 years ago and haven't looked back," says Realtor Bill Laskowski of his adopted hometown. It's easy to see where all the love comes from. This western South Dakota town, founded in 1876 and home to just over 3,000 residents, is engulfed by the Black Hills National Forest, so to say it's picturesque is an understatement. It also offers plenty of opportunities for outdoor enthusiasts (hiking, skiing, or snowmobiling, anyone?). Until recently, the city's raison d'etre was the Homestake gold mine, once the biggest, deepest mine in the western hemisphere until it shut down, in 2002.

The Houses
Most were built for mine workers and operators between the late 1800s and the 1940s, and range in style from Queen Anne to Tudor Revival. Many have been restored or are undergoing restoration. A large Stick-style home on Main Street was recently listed for $136,000, but a fixer-upper Queen Anne cottage can be found for as low as $14,000.

Why Buy Here?
While Lead was devastated after the closing of its gold mine, which destroyed both jobs and community spirit, things are looking up due to the Sanford Underground Laboratory, a massive science lab under construction in the old Homestead Mine that's expected to produce jobs and a new sense of purpose. Downtown, meanwhile, is being refurbished into a regional center for arts and entertainment, the centerpiece of which is the restoration of the 1914 opera house.

Among the best for: The West, Bargains, Fixer-Uppers, Parks and Recreation, Cottages and Bungalows, Victorians
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