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Home Improvement TV star Bob Vila downsizes with $12.5 Palm Beach purchase
America’s home improvement teachers are downsizing. Just one month after putting his Palm Beach spread on the market for an eye-popping $53 million, DIY deity Bob Vila bought a more manageable $12.5 million property in the enclave last week, records show. The 77-year-old former host of “This Old House” nabbed the 4,300 square foot Georgian Revival residence with 5 bedrooms and 3 and a half baths for $2.5 million under its original $15 million asking price. The property had been listed since September, according to the Palm Beach Daily News. The villa’s acquisition came after he and his wife, former…