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‘World’s Cheapest Home’ In Australia Listed For US$1

BY Realty Plus

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This house in the US state of Michigan house was recently listed for only $1.55 (US$1).  

The listing warns the two-bedroom, one-bathroom house would require a buyer to “unleash your inner DIY guru”.

Interior photos show scuffed hardwood floors throughout the home, a mouldy-looking tub in the bathroom, a nice-sized kitchen in dire need of TLC — and an “avant-garde ‘floor hole’ art installation conveniently located next to the furnace.”

While exterior photos only show the front of the home, where the small concrete porch and steps are flanked by an unruly bush and tall weed, the listing promises a “blank canvas” garden.

Realtor Chris Hubel doesn’t believes his client would actually accept a $1 offer, and estimated the 68 sq m home would go for $45,000 to $50,000 after all offers are in. He also said a contractor doing the work on his own would likely be able to revamp the 1956-built home for about $20,000, but someone paying a company for the work might need to spend $45,000. Hubel hinted the ideal buyer might be an investor.

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Tags : house US State of Michigan house interior scuffed hardwood floors cheapest home Australia Realtor Chris Hubel