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Updated over 2 years ago on . Most recent reply
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- Real Estate Agent
- Sacramento County El Dorado County, Placer County
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Geodesic Dome home on 12 acres to rehab to fix and flip
Has anybody out there had any experience with a Geodesic Dome home? I have an opportunity to buy one that needs some work, but appears to have a huge profit potential.
However, I am concerned that if I do take it down, do the rehab on it, that the end buyer may have trouble getting financing or that the market may not be as strong as I think.
Any thoughts or ideas? It is roughly 1900 square feet on 12 acres built in the 70s.
Thanks,
Rick
Most Popular Reply
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- Real Estate Broker
- Minneapolis, MN
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Those things can be really funky, especially as most were sold as kit-homes and built by the owner occupants so I'd first say be VERY carefully, double check everything.
I would strongly suggest approaching it from a different primary strategy approach then selling it because it's not a normal property sale, it's like selling a piece of art, it's value and market is very niche. Funny part is it's that same exact reason why doing a STR can make it so much stronger then others.
I had issues with ceiling and strength considerations in one so we got bamboo T&G flooring, from H.D. if memory serves. We used "Grabber" glue to fasten it to ceiling, and made all end joints into T&G so the seams were all inter-linked. Burnt through a bazillion saw blades in process, a lot more then planned, went through case after case of glue but holly-cow was it amazing looking when all was done.
It started out this weird livable place and in end was this weird oddly-beautiful, interesting place. It drew massive attention, massive, way more then a regular home with matching finishes. Looking back wish I did STR on it but wasn't a thing back then.
- James Hamling
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