The museum was opened in 1957, on the land of an old farm dating back to the twentieth century, with about 20 buildings, most of which were moved from the city center. Existing in the summer inside the gallery, a lot of exhibitions and events are also held inside the museum that focus on a particular stage of Reykjavik's history eg craft days, liquor car shows, birthday programs, and much more, in this place there is something for everyone .