15 Wow Real Estate Facts That Come As A Surprise

Metaverse is one more place to buy modern real estate

At the moment, buyers can purchase virtual real estate in the metaverse. Uniqueness, scarcity, and the potential to be leased and make money are characteristics of this type of real estate. The metaverse real estate market will reach over $54 billion by 2033, showing a growth of around 33% from 2024.

An eagle symbolizes freedom from mortgage payments

Paying off the mortgage is a huge accomplishment for any family, so many homeowners want other people to feel the same joy as they do. The number 32 was once used to signify that, but a more common method is to affix a metal eagle, which stands for freedom, outside the house.

Castles make the most pricey real estate

Do you think that some real estate could cost billions of dollars, even though there are homes worth millions? According to experts, the cost of constructing a palace like the Palace of Versailles, for instance, is currently between $200 and $300 billion. 

The most expensive castles in the world are already estimated as several billion dollars. Castle Lorient in Brittany, France is worth over $26.8 billion. It has 8 rooms and is 300 – 600 years old. The second most expensive castle is Limoges, located in France as well. It dates back 600 – 900 years and costs over $22 billion.

This is the land that makes McDonald’s so rich

Although McDonald’s food is undeniably popular, the restaurant makes money from other sources as well. The business invests in the land where businesses are situated and requires franchise owners to pay rent each month in addition to customary royalties. McDonald’s real estate holdings are currently valued at $42 billion, and franchisee rent payments account for 36% of the company’s $23 billion in revenue.

The smallest house’s width makes only 72 inches

The Quay house, a peculiar Welsh name for the world’s smallest house, is located in Great Britain. It was constructed in the 16th century and measures 72 inches in width, 122 inches in height, and 120 inches in depth. Robert Jones, who was rather small in size and prevented its demolition, once lived there.

Living in a home in the middle of the ocean is no longer a dream

A house that is not on an island is situated in the middle of the ocean. Actually, Frying Pan Shoals is a light tower. It was constructed in 1966 and is situated southeast of North Carolina. Richard Neal is the current owner. He bought the light tower at auction and offers it for rent, providing a unique in unique place that differs from others.

Eiffel Tower has a 1000-square-foot apartment at the top

Few people are aware that a designer created a massive apartment on top of the famous Parisian landmark – Eiffel Tower, which was constructed by Gustave Eiffel. Only artists, thinkers, and other global talented personlaities are welcome by the constructor, and he refused many VIP guests who wanted to pay for a visit.

An impressive cyber crime known as wire fraud led to the loss of over $213 million

Wire fraud is the most common cybercrime in 2021 and occurs when scammers use electronic communications to trick people and obtain money illegally. According to the NAR, in 2021, there were more than 2,300 complaints per day and more than $213 million in losses. Compared to the previous year, there were about 13,000 fewer crimes overall, with a 380% decrease.

The downtown of Los Angeles hosts an oil production manufacture

It’s no secret that the center of California is a hub for oil production, but the downtown of Los Angeles showcases a similar situation. The Grove shopping center, which produced more than 20 million oil barrels in 2009, is adjacent to one of the known installations.

The Simpson’s house exists in real life

Two of the biggest companies in the world, Pepsi and FOX, decided to hold a contest and give the winner a full-size replica of the Simpsons’ home with the same furniture arrangement or the equivalent of $75,000 because millions of people watch the most well-known cartoon, The Simpsons. The home is still located close to Henderson, Nevada.

Mark Zuckerberg’s real estate is estimated at more than $200 million

The best investment is real estate, as everyone knows. It makes sense that one of the world’s billionaires, Mark Zuckerberg would pick upscale areas to own. Along with a $7 million house in Palo Alto, a San Francisco townhouse, and a $53-million property in Lake Tahoe, he also made the decision to purchase a portion of Kauai island, first purchasing 700 acres for $100 million and then another 600 acres for $53 million seven years later.

Most Offices Of The Empire State Building Were Empty A Year After Construction

During the Great Depression, in 1931, New York’s tallest structure called the Empire State Building was finished. Soon after the building’s opening, it led to extremely low occupancy rates of just 23%. 

The fact that commercial rent isn’t the building’s primary source of revenue sounds intriguing, too. Tourists who purchase tickets to view its observation deck, which is situated on the 86th floor, provide 70% of its income.

Russia sold Alaska cheaply, but the US Received another great benefit

The United States bought 375 million acres of Alaska in 1876 for $7.2 million, or $126.5 million today. Although it indicates that every acre cost only $0.02, the US has benefited from other factors as well. In 1967, massive oil deposits were discovered by the country in this territory, so it was a real monetary victory.

New York homeowners of haunted homes should add a disclosure

The New York State Supreme Court obliged home sellers who think their property is haunted to sign a separate disclosure. The Ghostbusters Ruling is the name given to this case.

A Hollywood sign was created to advertise property sales

We all know that Hollywood is a movie buff’s paradise, but the sign’s totally different purpose was to draw in more people who would like to buy a new property in this area by offering a clean environment and a lovely view of the nearby hills.

You will undoubtedly impress and make your social media readers and other real estate enthusiasts wonder if you share any of these little-known facts with them.