There was a spectacle at 807 Franklin Street in San Francisco this morning: an entire house that was moved to its new location 6 blocks away. (The basement of the house was left behind).
The move cost a whopping $400k ($200k for multiple city agency fees to facilitate the move, and $200k for the move itself). The house was built in 1882 in the Victorian style, reportedly with wooden beams from 800-year old trees. (Sounds like California redwood. Sadly, only 5% of the original California redwood forests remain today— protected, of course).
Anyway, I checked its Franklin Street valuation on Redfin: in the order of $5 million. One wonders how much the valuation will change with the slight change in the location of the house. Probably not much. Where the house was, an eight-story 48-unit apartment building will rise.
