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Updated over 6 years ago on . Most recent reply
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Is it feasible to move a house?
Hey everyone, just had a call come in today from someone who has a property located next to a hospital. The hospital has purchased the land for future expansions and there is a home valued at approximately $130,000 on the land. Owner wants to sell for whatever they can but I have no idea how to approach something like this. I just wholesale properties at the moment.
Has anyone had any experience with a situation like this? I imagine it is expensive to try and move a 1,000 sq foot property but I also can't imagine an investor can't make some money out of a house when a seller has a deadline and is in a situation where they don't have any other options to sell the property. Any advice would be awesome. Thanks!
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Thanks @Jordan Moorhead - we moved a ton of houses over the years and generally situations like these are almost impossible to complete for two reasons costs and logistics. We get a lot of these calls where they are trying to move a soon to be demoed house for development generally so the builder can save on demo.
@Joel Owens covered most of the costs however we can move any structure it just comes down to any additional costs that would be needed to Ben stabilized.
If you are set on getting this done then you need to have a new location. Make sure the house will fit within it’s setbacks at the new lot and that utilities can be accessed but before all that trouble can the house actually make the journey there. Are there utilities in the way, is road wide enough, are their bridges etc.
For context we once moved a historic structure a half mile across a highway and it cost the historic commission $65,000 just to take down the utilities for that distance. Many states will also need you to hire police for the days etc for the move.
I’ve done a ton of videos on this if you want to know more you can email me and I’ll send you the link.
Good luck.