At a time when home prices remain near their record highs, a residence in Pontiac, Michigan is occupying space at the other end of the price spectrum.
According to a Business Insider report, there is listing for a house in Pontiac, Michigan, with a $1 price tag. No, that’s not a typo – it really is available for $1.
The 724-square-foot house was constructed in 1956 and last sold for $4,092 in February 2022.
But what do you get for $1 today? Well, it’s not exactly Frank Lloyd Wright. Indeed, with its peeling walls, exposed wooden frames, cork insulation and grimy surfaces, some people might feel they will be paying too much with that asking price.
Still, the listing agent must believe there is someone who wants this.
“Unleash your inner DIY guru and embrace the challenge of turning this 2-bedroom, 1-bathroom ranch into a masterpiece that will make Chip and Joanna green with envy,” the listing said. “Step inside and experience the thrilling rollercoaster of emotions as you discover every nook and cranny that’s begging for your creative touch.”
The listing’s author isn’t lacking a creative touch – a visible hole in the floor next to the furnace is described as “avant-garde ‘floor hole’ art installation” that gives you “an authentic, unfiltered glimpse into the crawl space.” And the derelict exterior is praised as a “a garden so wild, even Mother Nature would raise an eyebrow. The overgrown shrubbery and exotic weeds lend an air of mystery, inviting local critters for an impromptu garden party.”
And for those whose curiosity is piqued, remember the invitation/warning of the listing: “This home is not just a house — it’s a ticket to the real estate adventure of a lifetime.”
Photos courtesy of Zillow
Let’s get 10 Realtors together to spread the risk. 10 cents each. No risk, no reward. What could possibly go wrong. Oh, and what’s the commission split.
Did you forget the previous own did not pay utilities and taxes for the last 30 years ! I am willing to bet you are in for a big surprise beyond the $ 1.00 lol
Commission Split! Sounds like a residential realtor. LOL, I am a Commercial real restate broker ( 43 years) – we don’t talk commission first! Plus, I have a background in commercial real estate development and construction. Let’s go!
Ummm…. tear down?
Needs TLC (Turkey w/Lots of Cash)