Foreign Property News | Posted by Shwe Zin Win
The cheapest house in the United States can be yours for a mere $1 - less than a cup of coffee or a bus ticket - but it might take some imagination if you want to make it your dream home.
The two-bedroom, one-bathroom house located in Pontiac, Michigan, is quite the fixer-upper, complete with features like overgrown shrubbery, a hole in the floor, and 'exotic weeds' that invite local critters to an impromptu garden party.
Offers will be accepted until 10am Wednesday for the bargain-priced 5,227 square foot house that hit the market this week.
(The house is complete with features like overgrown shrubbery and 'exotic weeds' that invite local critters to an impromptu garden party)
(The house comes with an 'avant-garde floor hole art installation' that gives you 'an authentic, unfiltered glimpse into the crawl space')
(The listing, named 'World's Cheapest Home' clearly depicts the chipped paint and grime covered floors)
The house, originally built in 1956, previously sold for $4 ,092 in February 2022 and in 2004, it sold for the asking price of $32,400.
As of July 2023, the median listing home price in Pontiac, a city about 29 miles from Detroit, was $144.7K, trending up to 16 percent yearly.
Despite the price tag, the house offers a unique opportunity for those willing to take on an exciting real estate adventure.
'Priced at a mind-boggling $1 (yes, you read that right), this home is not just a house—it's a ticket to the real estate adventure of a lifetime,' the listing writes.
The price comes with a catch - including, a faulty roof, a hole in the floor and unfinished walls.
(The exterior of the house looks weathered and unkept, with an overgrown lawn and out-of-control shrubbery)
(The price comes with a catch - including a faulty roof and unfinished walls)
The listing, named 'World's Cheapest Home' clearly depicts the chipped paint and grime covered floors.
(The two-bedroom, one-bathroom house located in Pontiac, Michigan, is quite the fixer-upper, where buyers can 'unleash their inner DIY guru')
(Whether you're dreaming of flipping for glory or embarking on a lucrative leasing venture, this home's potential is as limitless as your imagination,' the listing writes)
(The bathroom appears filthy but the listing embarking on a lucrative leasing venture, this home's potential is as limitless as your imagination.')
(Some rooms appear unfinished, due to walls with exposed wooden frames and cork insulation)
(The listing notes the house's potential as being 'a journey filled with twists and turns')
Ref: America's cheapest home hits market in Pontiac, Michigan costing just ONE DOLLAR - and it comes with a huge hole in the floor, a yard full of weeds and a roof that's 'seen better days' (dailymail)