Family needs 25,000 bids to sell old house for $11

David Stockburger’s daughter does not seem destined for a career as a real estate agent.

Array

EDMONTON — David Stockburger’s daughter does not seem destined for a career as a real estate agent.

When Stockburger and his wife decided to purchase a 100-year-old derelict home, renovate and sell it, their then-six-year-old daughter suggested a listing price of $6.

“I thought, ‘Oh that’s really cute,’ ” Stockburger recalled. “But then I started thinking about it.”

The idea stuck. He decided to tack on $5 and the 11-Dollar House contest was born.

Entrants are asked to send in contact info, a video explaining why they’d like to own the house and an $11 entry fee.

So far, only 13 people have completed applications. Stockburger said if they don’t get at least 25,000 entries, they will sell the house instead and return entry fees.

He launched the contest shortly after Labour Day, but temporarily shut it down when he learned the Alberta Gaming and Liquor Commission was investigating its legality.

Along with police, the commission ruled Stockburger wasn’t in violation of the criminal code, a spokesman confirmed.

Stockburger, a lawyer who’s decided to step away from his desk for a while, purchased the house for $125,000 in September 2006.

It was a mess: condemned by the city, crumbling foundation, and stripped down to a bare-bones frame.

His research revealed the house had gone down hill after former Alberta NDP leader Grant Notley owned it.

“At the beginning I thought, ‘No problem. We’ll be done this place in six months.’ I was naive. I didn’t know any better,” he said with a laugh.

Stockburger had helped his father renovate a cabin up north and completed his own home renos in the past, but the project has been “quite a learning experience.”

In the end, it will be entirely re-done, complete with new appliances.

The website is:

www.the11dollarhouse.com.

Just Posted

Red Deer’s 2017-2021 council sworn in

Mayor and council ready to serve for the next four years

Red Deer’s Salvation Army vehicles vandalized twice in six weeks

Police investigating Sept. 10 and Oct. 21 incidents

Update: More details released of fatal police-involved shooting near Alix

ASIRT says man rammed police car, injured officer

Influenza vaccine clinics get started across Red Deer, Central Alberta

Clutching stuffed animals they got from the Calgary Zoo, Owen and Alton… Continue reading

Replay: Red Deer

Watch the highlights from this week

Montreal prepares for “Cohen Week” as first anniversary of singer’s death looms

Three sets of crumbling concrete steps have just been fixed heading into… Continue reading

Montreal prepares for “Cohen Week” as first anniversary of singer’s death looms

His soulful poetry, distinctive baritone and knack for writing runaway hit songs… Continue reading

Sylvan’s talent on display for fundraising show

Sylvan Lake Refugee Project is hosting Sylvan’s Got Talent Nov. 3

B.C. ice rink where 3 people died remains closed due to safety concerns

FERNIE, B.C. — Residents who were forced from their homes because of… Continue reading

Trudeau condemns appointment of Mugabe as WHO ambassador

EDMONTON — Prime Minister Justin Trudeau called the appointment of Zimbabwe President… Continue reading

Friday Oct. 21: Winning Lotto Numbers

Friday, October 20, 2017 LOTTO MAX Winning Numbers 1 4 12 27… Continue reading

New northbound Hwy 2 lanes at Gaetz Avenue to open this Sunday

Drivers heading north through Red Deer on Hwy 2 will have a… Continue reading

Canadian planet hunter seeking alien life

‘The shifting line of what is crazy’ says Toronto-born astrophysicist

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month