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Buy Historic Home for $1, Sort Of

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Published Tuesday October 18, 2011

The Associated Press


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MASON CITY, Iowa — Those interested in buying Mason City’s historic Egloff House can get it for a steal at $1. But city officials say it will cost at least $300,000 to dismantle, move and repair the flood-damaged house.

The house, built in 1939 by Dr. William C. and Margaret Egloff, was damaged in flooding in June 2008.

Last year, the city bought it for $314,000 through a government buyout program and has been trying to find ways of saving it ever since.

A study team of house movers, an architect, a structural engineer, an architectural historian and a contractor determined that the house can be moved. But to do that, the family room and garage need to be detached from the main structure.


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Buy historic home for $1, sort of


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