Monday, July 02, 2007

ARE YOU NUTS????

Look what $69,000 will buy you.


http://www.villagerrealty.com/listings.php?listid=07-33185

That's right, You read right....$69,000 for an abundant amount of floor space totalling a whopping 475 sq ft. Click the link above to see the listing.

Ya know I saw a guy working on this for some time. I thought it was a garage they were siding.....then I saw a for sale on it...private sale.. Then I saw the Coldwell Banker sign on it and needed to see what the owner was asking for this little piece of nirvana.

You do get a completly updated home, yup...everythng is brand spanking new, 475 sq ft. You do get very low taxes at $277/yr, 475 sq ft. You do get 2 parking spaces and although I am not certain whether they are meaning bikes or cars, 475 sq ft. I guess at least you have all the utilities, 475 sq ft.

Can you see the theme here?? 475 Sq Ft... That's 145 $$$ (US Dollars, not Canadian or Australian ---- US freaking greenbacks) per square foot!!!!

Let's just say at that rate....if this house were say, 2000 sq ft you would be looking at $290,000 and that's not including land my friends.So it is very conceivable that if this house were bigger and with a decent lot of land you would be looking at somewhere in the neighborhood of $370k.

At least you have a commanding view of the rail road tracks!!!

1 comment:

Pen said...

Oh wow... that is messed up. Looks like the market here in Minnesota! LOL