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You think real estate is bad here...

rpk1988

90210
Dec 6, 2004
2,791
0
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
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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

Eastcoast Softcore
Staff member
Nov 7, 2001
24,638
26
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.
 

Toshi

Harbinger of Doom
Oct 23, 2001
29,237
2,905
did the shed come outfitted with a full hydroponics system? :think:
 

black noise

Turbo Monkey
Dec 31, 2004
1,033
0
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.