World’s cheapest house is on sale for $1 in Michigan; Details INSIDE

Buy the world’s cheapest house for $1
Credits: Zillow website

In the latest turn of events, a two-bedroom house in Michigan, United States, was put on sale for $1 on its popular realtor Zillow’s website. Touted as the “world’s cheapest home”, it is reported to be located about 30 miles outside of Detroit and houses one bathroom along with two bedrooms.

Its description on the realtor website reads:

“Introducing the ‘World’s Cheapest Home!’ in the heart of Pontiac, Michigan! 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.”

Indeed a real estate adventure, this property was reported to have been sold for $4,092 in 2022. (New York Post)

Referring to “Fixer Upper” celebrities Chip and Joanna Gaines, agent Christopher Hubel commented that the 724-square-foot area has the potential to become “a masterpiece that will make Chip and Joanna green with envy.” (“O beware, my lord, of jealousy; It is the green-eyed monster!”)

If you thought that the listing of the cheapest house in the world would end here, then you couldn’t be further distant from the truth because there is more, and that more gets quirky.

It reads:

“The roof might have seen better days, but hey, it’s not leaking yet-it’s just keeping you on your toes, providing an unexpected shower of excitement when you least expect it.”

The shared interior photos of the fixer-upper unabashedly featured scratched hardwood floors throughout the house, which also harbored a mold-covered tub in the bathroom and a kitchen which the listing described to have an “avant-garde ‘floor hole’ art installation that is conveniently located next to the furnace.”

Having “a garden so wild, even Mother Nature would raise an eyebrow…(and) the overgrown shrubbery and exotic weeds” would invite “local critters for an impromptu garden party”, one ceases to wonder why this was put at $1.
The sincerity is commendable!

What did Agent Hubel think of the sale?

Speaking to Crain’s Detroit Business, Mr. Hubel revealed his client’s uncertainty regarding accepting a $1 offer. Not only that, but he even predicted that the house would sell for $45,000 to $50,000.

He later added that refurbishing the dilapidated 20th-century home would presumably cost around $20,000, while a firm hired to undertake this work would demand $45,000.

Talking about the $1 price, agent Hubel expressed his inclination toward this idea. He said, “A property will always find its true market value unless you overprice it. This is a chance to show that.”