MASON CITY, Iowa (AP) — Those interested in buying Mason City’s historic Egloff House can get it at a steal for $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 the June 2008 flooding.

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.

The Mason City Globe Gazette reports that a study team consisting of house movers, an architect, structural engineer, architectural historian and a contractor recently determined the house can be moved.

But to do that, the family room and garage would need to be detached from the main structure..