A house in Madison, Wisconsin is being sold for $1 because it is filled with asbestos. The building is located on the University of Wisconsin campus and would have to be moved from the campus if bought. In addition to moving the house, whoever purchases it will have to shoulder the costs of asbestos abatement and likely remodeling.
A moving company has estimated that it would cost $135,000 to move the house off campus. In addition to that, asbestos abatement is generally very costly. If anyone decides to buy the house, it must be purchased by August 31 and removed from the campus by February 1 of next year. If it is not purchased, the house will undergo asbestos abatement and be demolished by the university.
If you or someone you know has been exposed to asbestos, contact the Wisconsin mesothelioma attorneys of Williams Kherkher at 800-781-3955.