Real estate is a serious business, but it’s also a lot of fun! I thought we could have a little fun today with some strange but true real estate facts.
Prepare to have your mind blown!
Have you ever heard of a mail-order house? Sear advertised unique home kits in their catalogs between 1908 and 1940. They offered more than 370 different floor plans in a variety of architectural styles. Over 75,000 of these unique homes were sold, and many still stand today. And they were pretty amazing!
Creaking house got you freaking out? Don't let creaking houses fool you—those mysterious sounds are often a result of thermal expansion and contraction, influenced by changes in temperature and humidity.
Ever dreamed of owning a castle? Believe it or not, you can purchase an 18th-century French castle for just over $1 million, which might be more affordable than a teardown in Los Angeles. With a similar budget in L.A., you might only find a home in need of extensive renovations. And it’s certainly not going to be a castle!
Do you think taxes are a modern misery? Property tax has a long history, dating back to ancient Egypt around 5,000 B.C. It has been an enduring part of civilization and remains a key aspect of modern society.
Have you ever wondered about the world’s largest house? Owned by Mukesh Ambani and located in Mumbai, India, this colossal mansion spans a mind-boggling 400,000 square feet, with 27 stories, multiple swimming pools, and an incredible 168 parking spaces, securing its place in the Guinness Book of World Records.
Looking to increase your home's value? Paint your front door black! According to a recent Zillow survey, homes with black front doors tend to fetch higher prices, sometimes selling for an astounding $6,449 more. Slate blue doors come in a close second.
Have you heard of a mortgage burning? In the early 20th century, homeowners celebrated paying off their mortgages with mortgage-burning parties. While Scottish homeowners would paint their front doors red to mark this achievement, others would ceremoniously burn their mortgage documents, signifying their newfound financial freedom. (I saw this on an episode of the Waltons!)
If you are considering buying or selling a home, I'd love to chat with you about your real estate dream. Here is one more fact: Real estate is a service industry and I love helping my clients. Give me a call today!