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Real Estate News
Elaine Keesing gives a tour of her Perth home of 70 years. PerthNow on YouTube

She built a house for roughly $3,000 in 1956. It just sold for what could be millions of dollars

In 1956, Elaine Keesing and her husband built a home in Salter Point, a suburb of Perth, Australia. They spent a total of $4,300 Australian dollars (the equivalent of $3,096 in U.S. dollars). Last month, after 70 years, Keesing said goodbye to her first and only home.

The sale price of the three-bedroom home was not disclosed, but Australian news site Domain says one recent sale in the same suburb hit $3.36 million AUD ($2.4 million USD). Keesing’s house may have gone for even more, as it was a one-of-a-kind property that sat on a lot that’s subdividable.

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Cristina Spinella, the agent who handled the sale, says there were multiple offers on the house. It was under contract within two weeks of hitting the market.

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Deciding it was time to move

Deciding to sell the house wasn’t easy, Keesing said, since it held so many memories for her of her family. Still, she added, it was time.

“I am a practical person, and I accept that there comes a time to move on,” she told Domain. “This next chapter will give me a little more support and will also give more freedom to the family who have cared for me so wonderfully over the years.”

Keesing did say she would miss the garden around the house, as it was her favorite spot. She also discussed the house’s wood-fired stove with some fondness, saying, “The wood-fired stove and oven was often where we gathered for a chat and to keep warm. It was an important feature of our new home, and it heated the water as well.”

Still, moving 70 years’ worth of memories is a challenge. That’s doubly true when you have just three weeks to clear out that paperwork, furniture, mementos and more.

“It was a bit of a nightmare for my family, but they managed it in the end,” she said.

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Keesing’s secret to life

Despite her age, Keesing was actively involved in the sale of her home. She offered an online tour of the home on YouTube. She was determined to sign the contract herself, said Spinella. And she was confident that when the sale was concluded, she would be a multi-millionaire.

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Spinella noted she couldn’t help but ask Keesing what her secret was for such a long life — and one that had her as active as she was at 102.

“She said ‘I drink brandy … every day at 5 p.m. and every day I eat two eggs on toast’,” Spinella said.

That habit is likely continuing at Keesing’s new home as the new owners move into the Salter Point home. And Keesing says she wishes them well.

“I just hope they have as happy a time as what we had in the house,” she said. “And I hope they get a lot of pleasure from it. I can only think of people being happy here.”

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Chris Morris Contributing Writer

Chris Morris is a veteran journalist with more than 35 years of experience at many of the internet's biggest news outlets. In addition to his activities as a writer, reporter and editor, Chris is also a frequent panel moderator and speaker at major conferences, including CES and South by Southwest.

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