Turning a Fixer-Upper into a Landmark Property

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Real estate investors scour the market looking for properties with rock-bottom pricing and potential for sky-high returns on investment. Older, distressed buildings have discounted price tags, but converting an aging building into a modern domicile with all the bells and whistles to attract new residents is expensive.

Wouldn't it be nice if there was a niche property market that offered excellent prices and robust return on investment?

One type of property that deserves a closer look is older buildings with historical significance. The National Register of Historic Places lists more than 85,000 places in the United States designated as “National Treasures”. Not all of these designees are buildings; there are cemeteries, battlefields, trails and churches among the listings.

Interested in exploring historic property as an investment? Wondering if property you own is eligible for consideration? Whether you already own an aging property or you’re considering investing in distressed property, here is some information to find out if developing a landmark property is right for you.
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