HGTV’s ‘Rehab Addict’ Season 3 ‘Dollar House’ Sells For More Than A Dollar

Last week, it went into a bidding frenzy just hours after hitting the market for $249,900.

How the hell did this happen? Well, a reality TV makeover had a lot to do with it.

In 2011 the place was a wreck and on the verge of collapse. The city wanted to demolish the horror in favor of a vacant lot. Shattered windows, rotting floors and splintering siding – all remnants of the house’s construction in 1911 – posed health and fire hazards.

This is when the local constructor Nicole Curtis, star of HGTV’s “Rehab Addict,” entered the scene. She convinced the city authorities that she could save the house. She had a plan to turn it into a community gem and save the town from a crumbling property. Even better, she convinced the city to sell her the house for just a dollar.

Minneapolis home featured in HGTV’s ‘Rehab Addict’

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Curtis spent the entirety of Season 3 of his popular show working on “The Dollar House.”

She invested $145,000 of her own money to renovate and remodel the place. She was able to salvage the hardwood floors upstairs and downstairs as well as some of the original woodwork.

Entrance

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The living room

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Dining room

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However, the bathrooms and the kitchen needed to be brought up to current standards and have been completely redone. The foundations of the house and all mechanical systems were also replaced.

New kitchen

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New bath

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When Curtis finished with the 2,610-square-foot, three-bedroom home in 2012, she sold it for $150,000.

It didn’t amount to much profit for the makeover queen, but at least she saved the house and improved the neighborhood in the process.

master bedroom

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Bedroom/office

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Third bedroom

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Fast forward to this month, and the buyers who took it from Curtis’ hands are smiling at their good fortune.

The $150,000 they paid Curtis for the residency was one of the best investments they had ever made. They received their first bid just hours after putting it on the market and a bidding war ensued.

“It went well above the asking price,” says the listing agent Garrett Matheson, of IQ Realty. Curtis “kept retaining the charm of the 19th century, while adding 21st century conveniences. Here, everything is done. The house is completely ready to move into.”

Other factors also played a role in the lightning fast sale.

“People here like small yards,” he says, noting the property’s manageable 2,614 square feet of land.

A small yard can be attractive.

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According to the agent, the rapid sale and notable appreciation were also influenced by the current “crazy market” in Minneapolis.

“It’s like that, no matter where you go,” he adds.

Now this immaculate 111 year old home has new life and new owners who will consider themselves lucky to be here. Score yet another happy ending for an HGTV house.

HGTV’s ‘Rehab Addict’ Season 3 ‘Dollar House’ Post Sells For More Than A Dollar appeared first on Real Estate News & Insights | realtor.com®.

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