Man restores stone house from $15K to $2M price tag6/25/2012
House-flipping is an art that seems to have declined since the 2008 housing crisis, but this Nova Scotia house that's just gone to market is quite possibly the epoch's masterpiece. Sherman Heines bought an unimpressive stone house in 1982 in Nova Scotia for $15,000, and it's now on the market for a whopping $2 million. No, it wasn't adding a pool or bowling alley that raised the market value; it was Heines' realization that the house was actually an ancient, fortified church from 1699. He dedicated himself to carefully restoring the house and tracking down period furniture (included in the asking price), a 30-year labor of love that's made the house a gem -- and may make Heines a fortune.
Would you buy a restored ancient building for $2 million or is your dream home more modern?