Taxation & Estate Planning

The Cronin House and Unique Real Estate

By Joel A. Schoenmeyer

I've written before about unique real estate -- for instance, here and here. I spent Easter in my hometown (Marshall, Michigan), and found that one very unique piece of real estate is on the market for only the second time in about 100 years. It's called the Cronin House, and it's offered (here) for $1.25 million.

The house inspires a lot of interest, especially in people who like historic homes and/or children's literature. Why children's literature, you may ask? Because the house was the inspiration for a pretty well-known book entitled The House with a Clock in Its Walls John Bellairs (who was born in Marshall).

Marshall -- like much of Michigan -- is in a major real estate recession. But, for a house like the Cronin House, does that really matter? It will be interesting to see.

Full post as published by Death and Taxes Blog on March 24, 2008 (boomark / email).