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ED GEIN'S MURDER HOUSE
Here's What Happens To Famous Murder Houses When They Sell
By RICHARD MILNER
History - Science
While some crime enthusiasts would pay top dollar to live in a famous “murder house,” Realtor.com says that murder houses usually sell for 21% less than their previous sale price.
With this reduced price, 59% of all murder houses pass to ordinary buyers, while 20% go to “some kind of corporate entity.” Only 8% don’t sell and are taken off the market.
They also typically sell for 9% less than their listed prices, 15% less than other houses in their zip code, and stay on the market for 47 days longer than non-murder houses.
Per The Guardian, some buyers don't mind (or care) about the deaths. Louise Bloomfield, for instance, believes her murder home is "part of the heritage of the northeast."
Fox Business illustrated that even the most famous of murder houses follow the typical formula of selling for less than expected, regardless of the intrinsic value of the home.
Some of the more famous murder homes have been torn down, while others, like Lizzy Borden’s home now turned bed-and-breakfast, have become tourist spots for enthusiasts.