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Somebody I know is selling a shed for $200,000+
(i.imgur.com)
How much land, and where?
I like the sofa opposite the bunk bed, nothing better than watching people sleep.
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🫤✋ Shed
😀 👉Tiny House
Town close to me has 800sq foot sheds for $237k
It's a tiny home on 1/5 an acre.
Insanity
I'm in middle Tennessee.
That would seem nuts except middle Tennessee is Nashville area? And it seems like the corporate overlords aren't buying things up there. That would be 700-800k where I live, and I'd buy it if the interest rates were lower.
Looks like a great shed TBH.
Someone will probably buy it to make it an Airbnb "getaway cabin" at way too much $ per night.
Probably already is. Looks insulated and has electric.
I dunno, 28 photos could mean 28 sheds... And that first shed is pretty nice...
Location location location
1.02 Acres
123 Plum Tree Cir, Bumpass, VA 23024
this is a steal in vancouver there would be a 1 in front of the 2
Lol everyone posting is normalizing the land price because it's near water. Like they don't see that it's an artificial metric that can and does change with the wind and only stays high because rich people, and those wanting to be rich, keep up the charade.
Is it normalizing? Or just pointing out how things are today?
It's possible to describe reality without approving of it.
I don't like that lakefront property is so expensive, but it surely is. I've been casually looking for years and I don't know if I'll ever afford it. And the headline is complaining about a shed selling for $225k when it's pretty obviously the land and lakefront access that comes with it that is selling for that amount. The structure is a throw in and there's a good chance whoever buys it simply demolishes it to build what they want.
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It's only artificial until someone buys at that price, then that price is a real measure of how much money someone in the market was willing to spend at the time they bought. Other market participants observe this behavior and adjust their own pricing expectations accordingly. There's nothing magic or artificial about this, it's supply and demand.
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Throw in an extra 60k and you get a 3 room apartment in the center of Tallinn with a balcony and a view across the whole city.
there are many American cities where you can buy a 3 bed house for that price (Eg Atlanta)
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I have questions. Are they known for bad decisions? Do you actually get land the shed is on?
Yeah it comes with land
Ah OK, yeah, then depending on location, this would be normal where I am too. Sadly.
Yeah you have it the other way around. The shed comes with the land, which is desirable. Imagine how much a completely undeveloped acre in/right next to a major city would go for? Location location location
Imagine escaping reality to your very own private, adorable, and furnished lake house at Lake Anna, VA. Surrounded by lush green trees on a one acre lot, this well-maintained water access cottage is just a short walk from the lake, where you'll find your own deeded boat slip. Ideal for weekend getaways to enjoy boating, fishing, or just a few days of quiet peaceful solitude. Spread out inside in the spacious living room / bedroom combo, where you'll find quality LVP flooring throughout, a full bathroom with shower and plenty of storage space, and a convenient kitchen with refrigerator and microwave.
No stove, just a microwave. I think I'll pass. Lol
Imagine microwaving your tv dinner in your very own, private, affordable?, and furnished lake shed!
edit: i copy and pasted that above from the website (the quote).
Can you call it a shed if it has a minisplit? If that is a heat pump model then it makes my house look like a Trash-Co waste disposal unit.
I haven't seen anyone say this, so in case anyone doesn't know. If the land is worth 200K and has no dwelling, it's much harder to finance that. You either need a builder/developer loan with plans to build within a specific timeframe. Or, you need some other means to finance.
A bank won't give you a mortgage for land. Land, while having an intrinsic value is worthless to a bank. But land with a shed in which you can poop is worth something. No idea why, but that's at least one perspective.
Most often the case, depending on location/us state whatever system installed for pooping in that shed is a health code liability and therefore a financial burden.
ITT: A lack of understanding of what goes into housing prices.
It'll probably sell too
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this post was submitted on 25 Oct 2023
338 points (89.9% liked)
Terrible Estate Agent Photos
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Terrible photos listed by estate agents/realtors that are so bad they’re funny.
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