I think you'll be hard pressed to find a home in Sherwood Forest for $100K, even in this market. I've seen some foreclosures for sell in University District that were less than $100K, but I also see homes in that area asking for six figures so I'm suspicious that the foreclosures might need rehab work. Out of curiousity, why does North Rosedale Park set off your "spidey senses"?
If you just want to be in the city limits with a large well-built house for a "bargain", in what is likely to remain a stable area, I would recommend North Rosedale Park. I was in there over the weekend, and while I did notice a couple of vacant houses, I know that the houses I saw have not been vacant for an extended period of time. Plus, North Rosedale is surrounded by other middle class neighborhoods, though they aren't as affluent. But those neighborhoods provide a buffer that isn't there in other upper middle class areas of the city, like Virginia Park or LaSalle Gardens. The downside of N. Rosedale is that it's so far from downtown that it's almost like being in an inner-ring suburb [[though the housing stock is far better than most inner-rings except the Pointes).
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