Quantcast

You think real estate is bad here...

Discussion in 'The Lounge' started by rpk1988, Sep 21, 2005.

  1. rpk1988

    rpk1988 90210

    Rep/Likes:
    5 / 0
    Joined:
    Dec 6, 2004
    Messages:
    2,791
    Location:
    Maryland
    Check this out... http://msnbc.msn.com/id/9398215/

    10-foot-wide shed sells for $269,100 in Dublin
    Startling price for tiny structure highlights Ireland's real estate boom
    free video

    Updated: 9:12 a.m. ET Sept. 19, 2005
    DUBLIN, Ireland - A former tool shed built to fill a gap in the middle of a row of Victorian houses in what was once Dublin’s poorest district has found a buyer at a startling price of $269,100 (220,000 euros).

    At 10 feet wide and with a floor space of 280 square feet the building was last sold for 500 Irish pounds ($777) in the 1970s.

    The red-brick house has no garden and no ground floor windows.

    The realtor selling the property said on Monday a sale had been agreed but declined to comment further.

    The price tag raised eyebrows even in Ireland where the cost of homes has tripled between 1997 and 2004.
     

    Please register to disable this ad.

  2. narlus

    narlus Eastcoast Softcore
    Staff Member

    Rep/Likes:
    17 / 25
    Joined:
    Nov 7, 2001
    Messages:
    24,658
    Location:
    behind the viewfinder
    i don't doubt it. i thought prices were high in boston, but it was far below market rates in dublin. we lived in a house which was probably worth 2 mil or so. about 1/2 the size we've got in the US, and my house isn't nearly worth 1 mil.
     
  3. Toshi

    Toshi Harbinger of Doom

    Rep/Likes:
    184 / 1,484
    Joined:
    Oct 23, 2001
    Messages:
    25,332
    did the shed come outfitted with a full hydroponics system? :think:
     
  4. Changleen

    Changleen Paranoid Member

    Rep/Likes:
    1 / 4
    Joined:
    Jan 9, 2004
    Messages:
    9,890
    Location:
    Hypernormality
    Nope, it came with an explosives lab and a fully featured illegal arsenal instead.
     
  5. black noise

    black noise Turbo Monkey

    Rep/Likes:
    4 / 0
    Joined:
    Dec 31, 2004
    Messages:
    1,033
    Location:
    Santa Cruz
    Santa Cruz is close. A little house (shed) of under 500sq ft (including a loft), in an alley, sold for $500,000. I guess it's near the harbor.

    That's crazy though. Less than $800 to over $250k.