[rpk1988]

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.

 

[narlus]

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.

 

[Toshi]

did the shed come outfitted with a full hydroponics system?

 

[Changleen]

Nope, it came with an explosives lab and a fully featured illegal arsenal instead.

 

[black noise]

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.