On the blog, I usually talk about the real estate industry – how the industry works, how realtors and agents shape the industry, what makes real estate such a great option to invest for steady cash flow, etc. These can sometimes get technical and business-centric. However, today, I’ve decided to do something different…Do you enjoy fun facts as much as I do? If so, then this piece of writing is for you. To lighten up the mood a bit and give you some fun and distraction from the buying and selling of real properties, in this article, I have presented some light-hearted real estate fun facts for a sigh of relief and enjoyment.
6 Real Estate Fun Facts
1. Just Enough Room
Do you know that there is an island called “Just Enough Room” in Alexandria Bay, New York? This island is so small that it has just big enough to accommodate one house and one tree. Interesting enough?
In the 1950s, this 3,300 square feet island was purchased by the Size land family who later built a secluded holiday getaway for their family.
2. The Oldest Home
How old do you think the oldest home is? Located in Dedham, MA, the oldest home is over 400 years old and is the most aged wood structure still standing in North America. This wooden house was designed and built in 1637 for Johnathan and Grace Fairbanks and their children and named as the Fairbanks House.
3. Spooky Disclosures
It might seem bizarre but if you want to sell a house or apartment in New York, you must include a known haunting (if you have ever experienced anything spooky in the house) in the seller’s disclosure. The “Ghostbusters” ruling demands that the seller should consult a professional and list every known spooky issue of the house. If he hides anything in the disclosure, he might have to face a lawsuit from the investor.
4. Red Doors
A range of fascination is associated with red doors. This vibrant color is said to bring a lot of positivity and good luck to the homeowner. While in Scotland, homeowners paint their door red when they have paid off the mortgage, Chinese people paint their doors red before the Chinese New Year as it is considered as a sign of good fortune.
In China, Feng Sui or a red door represents the mouth of the home that draws in positive energy and drives away evil forces.
5. TreeHouse Mansion
Have you ever thought of a treehouse mansion? No, right? In Crossville, TN, there is a treehouse with 80 rooms and 10 floors supported by a still-living 80-foot-tall white oak tree – it is considered to be the world’s largest treehouse to date. The owner, Minister Burgess who is also the designer and builder of the house spent 14 years and $12,000 to build this mansion to live lavishly close to nature.
6. The Empire State Building Nickname
Did you know that one of the tallest buildings in the word, the Empire State Building, had a nickname once?
The Empire State Building was built in 1931, at the height of the Great Depression. Because of the economic condition at that time and availability of space, approximately 77% of the office space remained unleased for years, which helped it to earn the “The Empty Space Building” nickname. However, the time has changed drastically and now, space in this building is not only scarce but also some of the most expensive real estate in Manhattan.0