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Updated over 7 years ago on . Most recent reply

User Stats

52
Posts
18
Votes
Mike Savage
  • Investor
  • Portland, OR
18
Votes |
52
Posts

Thoughts about selling and buying historically significant houses

Mike Savage
  • Investor
  • Portland, OR
Posted

I've been an architectural enthusiast since I was 7 years old when I  first saw Frank Lloyd Wrights' Falling Water.  Since then I've made numerous architectural pilgrimages to important houses like the Gropius house in Lincoln, Ma.  The Eames house in Pacific Palisades, Taliesen West in Scottsdale, Maison de Verre, Paris etc.  These houses have turned into interpretive learning centers and often open for tours.  Many have been carefully restored to original condition and are worth prices much higher than the typical sale comps in their geographic area.  I wonder if anyone on the BP forum has experience buying or selling architecturally significant properties designed by or owned by famous architects.  I sometimes see sales on auction sites online but would like to learn more about how these transactions happen and how to comp houses that are truly exceptional and unusual for assorted reasons.  I know there is tons of nuance but would be happy to invest in these type of properties someday.  

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