A Michigan home with weeds and overgrown bushes has been listed for $1 on Zillow. The listing agent, Chris Hubel, believes potential buyers will experience a rollercoaster of emotions as they discover the property’s unique features.
A newly listed Michigan property could be for you if you enjoy weeds, overgrown bushes, and a nice offer.
This week, a Zillow listing for the “world’s cheapest home” with two bedrooms, one bathroom, and 742 square feet went live on the real estate website. The asking price is only $1.
The listing states of the single-digit asking price, “Yes, you read that right.” Embrace the challenge of transforming this ranch into a work of art that will make Chip and Joanna envious. “Unleash your inner DIY guru.”
In his description of the property, listing agent Chris Hubel claims that potential buyers will go through a “thrilling rollercoaster of emotions as you discover every nook and cranny that’s begging for your creative touch.”
The task ahead of the $1 house buyer will be challenging.
The task ahead of the $1 house buyer will be challenging.
The dilapidated house includes a dirty bathroom, missing walls, and a floor hole that leads to the crawlspace. According to its pricing history, it was once sold in February of last year for $4,092.
In addition, purchasers will pay $1 for a weed-filled, overgrown yard that “invite[s] local critters for an impromptu garden party.”
According to the description, “this home is calling your name if you’re a visionary, a risk-taker, or simply someone who thrives on life’s little curveballs.” “Get ready for a voyage that is full of character and full of twists and turns. Don’t just purchase a property; purchase an adventure.
Hubel claims that he has previously dealt with the seller and that their confidence in him was necessary for them to approve the $1 listing price.
“The whole idea behind it is that, in my opinion, a home is always going to find its market value if you underprice it,” explains the man. But you shoot yourself in the foot if you overprice a property.
It appears the strategy is working. After three days, the listing had 4,100 saves and 100,000 views as of Friday afternoon.
Hubel says 200 offers have been placed on the house, with the highest over $30,000.
“I’ve had calls from India, Asia, the UK, and pretty much every state,” he says.The seller stated his buying pool comprises investors worldwide, not simply Pontiac, Michigan.
You must act soon to acquire the property. The ad requires bids by 10 a.m. on Wednesday, August 23.
Conclusion:-
Zillow lists a $1 Michigan house as the world’s lowest. This decaying property with two bedrooms, one bathroom, and 742 square feet has been on the real estate website for three days. The weed-filled, unkempt yard must be transformed into art for $1. The property was once sold for $4,092 in February last year. The listing agent, Chris Hubel, believes that underpriced homes will find their market value, but overpriced properties can lead to negative consequences. The listing has received 4,100 saves and 100,000 views, with 200 bids made, with the highest offer exceeding $30,000. The buyer pool includes investors worldwide, and bids must be entered by Wednesday, August 23 at 10 a.m.
