Great forums! I've really picked up quite a bit of "necessary" info!
Back in June of 2006 I purchased a bungalow of unknown age, as it had been moved to it's current location sometime in the early 1960's. According to my new neighbor, it was in the path of one of our main highways in the now historic district, which is what facilitated the move. Guessing by other homes of similar style in that area, I would say it was 20's or 30's. The floor plan is identical to an old ad that I found for a Sears bungalow kit from the 30's. Very cool.
The price was right, and the location great. The amount of work I have to do is monumental. It would not have been a great deal if I had to pay someone to do the work. Having been in the cabinet business for over 20 years, and always "handy", it has turned out to be a fun project... with still a long, long, way to go.
I bought the property next door as well, and that has an old mobile home on it that will eventually be dismantled. At that time, I may build another small bungalow/cottage. Time will tell.
If you are interested, you can see some of the initial pictures of the property before any work had begun. I will be updating it as I go.