The preserved western storefronts of turn-of-the-century downtown Sheridan (population 17,461) are not for show. While it's true that Buffalo Bill Cody auditioned acts for his Wild West Show on the landmark Sheridan Inn's steps, today's residents, from cowboys to doctors at the Veterans Administration hospital, buy socks at the old J.C. Penney, nails at Sheridan Commercial Company, and reins from King's Saddlery. The family-owned tack shop, founded in 1961 and famous for its ropes and hand-tooled leather saddles, ships worldwide. "Sheridan is rural Americana at its finest," says Andy Ayres, co-owner of Lulu's Cafe, which offers meat and potatoes and tapas. But don't confuse rural with hick: There are two polo clubs here that draw players from as far away as South America.
Most historic homes are in Residence Hill, along South Main, which runs the town's length, and blocks west. The predominant style is Craftsman, like the 1914 two-story that Rod Fordahl has been fixing up "forever." When he bought the place 20 years ago, it contained the original claw-foot tub and panel doors. You'll find the odd Tudor, Queen Anne, or Dutch Colonial; expect to pay from $275,000 for a 3,000-square-foot historic home. "Places have been preserved pretty well," says Fordahl, whose company, Fry Construction, does remodeling jobs. Once he's done with a place, and the coal-fired furnace has been replaced, the price might climb to $400,000.
Why Buy Here?
There are no incentives, per se, to fix up an old house in Sheridan, but property taxes are extremely low. You might pay $1,500 a year for a 3,000-square-foot house.
Among the best for: The West & Northwest, Fixer-Uppers, Retirees, Cottages & Bungalows, Small Towns, History Happened Here