{"id":3151,"date":"2023-08-24T07:08:50","date_gmt":"2023-08-24T07:08:50","guid":{"rendered":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2023\/08\/24\/a-house-for-1-tiny-price-and-hilarious-description-trigger-dozens-of-offers-on-michigan-home\/"},"modified":"2023-08-24T07:08:50","modified_gmt":"2023-08-24T07:08:50","slug":"a-house-for-1-tiny-price-and-hilarious-description-trigger-dozens-of-offers-on-michigan-home","status":"publish","type":"post","link":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2023\/08\/24\/a-house-for-1-tiny-price-and-hilarious-description-trigger-dozens-of-offers-on-michigan-home\/","title":{"rendered":"A House for $1?! Tiny Price and Hilarious Description Trigger Dozens of Offers on Michigan Home"},"content":{"rendered":"

<\/a><\/p>\n

Realtor.com<\/p>\n

<\/p>\n

The $1 list price<\/a> is a real attention grabber, but the comically candid description of \u201cthe world\u2019s cheapest house\u201d\u2014on the market in Pontiac, MI<\/a>\u2014steals the show.<\/p>\n

As we\u2019ve seen<\/a> in the past, humor can save the day<\/a> when trying to sell a woebegone home.<\/p>\n

This listing reads, in part: \u201cPriced at a mind-boggling $1 (yes, you read that right), this home is not just a house\u2014it\u2019s a ticket to the real estate adventure of a lifetime. Step inside and experience the thrilling rollercoaster of emotions as you discover every nook and cranny that\u2019s begging for your creative touch.\u201d<\/p>\n

The price and description are the brainchild of listing agent Chris Hubel<\/strong>, with Good Company.<\/p>\n

\u201cIt\u2019s kind of my personality wrapped up into a listing description,\u201d he says. \u201cI\u2019m somebody who believes in being your authentic self and not putting on a suit and tie if that\u2019s not who you are. I essentially call out flaws in properties and just kind of make it a more comical approach to real estate, and it seems to work pretty well for me.\u201d<\/p>\n

Exterior<\/p>\n

Chris Hubel<\/p>\n

Interior<\/p>\n

Chris Hubel<\/p>\n

Floor hole<\/p>\n

Chris Hubel<\/p>\n

The listing doesn\u2019t tiptoe around many of home\u2019s bright red flags<\/a>:<\/p>\n

\u201cLet\u2019s talk about the unique features that make this place stand out\u2014like the avant-garde floor hole art installation conveniently located next to the furnace. Who needs a traditional open-concept layout when you can have an open floor plan thanks to an authentic, unfiltered glimpse into the crawl space?\u201d<\/p>\n

Whoa! What?<\/p>\n

Hubel explains: \u201cI\u2019m assuming the hot water heater just had a leak, so [the seller] cut out the subfloor and then never replaced it before listing it.\u201d<\/p>\n

Time to renovate<\/h2>\n

The 724-square-foot, two-bedroom, one-bath home was built in 1956. And it might go without saying, but there are some rather obvious issues within that compact space.<\/p>\n

Hubel says the hardwood floors are salvageable, but the home needs about $30,000 to $40,000 worth of work.<\/p>\n

Kitchen<\/p>\n

Chris Hubel<\/p>\n

\u201cIt needs a new kitchen, needs a new bathroom, needs some drywall, needs paint, needs a furnace, needs a hot water heater; but the bones are pretty solid,\u201d he says,\u00a0noting that once the work is finished, a savvy investor could flip it for about $120,000.\u00a0\u201cIn the grand scheme of things, it\u2019s not a teardown. It\u2019s not a terrible home.\u201d<\/p>\n

Interior<\/p>\n

Chris Hubel<\/p>\n

The description includes this gem to address an iffy roof:<\/p>\n

It \u201cmight have seen better days, but hey, it\u2019s not leaking yet\u2014it\u2019s just keeping you on your toes, providing an unexpected shower of excitement when you least expect it.\u201d<\/p>\n

$1 price tag?!<\/h2>\n

Hubel says he\u2019s wanted to price a home at a single buck for a while. This fixer-upper provided the ideal opportunity, because it\u2019s owned by one of his longtime clients, who generally does remodeling work herself.<\/p>\n

She\u2019s had the place as an investment property since 1994 but opted against putting any more effort into the home.<\/p>\n

\u201cIt has been vacant for quite a while and obviously has fallen into disrepair,\u201d Hubel explains. \u201cWith this one, she just kind of ran out of time and patience, so wanted to list it. After seeing the condition, it was kind of a perfect opportunity to ask her if I could go this route with it.\u201d<\/p>\n

Now facing a deluge of interest, he clearly chose the right path to a sale.<\/p>\n

\u201cWe have over 100 offers, and I have received about 4,500 phone calls in the past few days,\u201d he says, adding that the best offers are in the $40,000 to $50,000 range. \u201cI knew that it was going to be big. I didn\u2019t realize it would be this big. I figured it would be kind of the talk of Michigan, but I didn\u2019t expect it to go as far as it did.\u201d<\/p>\n

Offers on the house are due Aug. 23.<\/p>\n

Kitchen<\/p>\n

Chris Hubel<\/p>\n

Bathroom<\/p>\n

Chris Hubel<\/p>\n

Interior<\/p>\n

Chris Hubel<\/p>\n

As the listing puts it, \u201cDon\u2019t just buy a house\u2014buy an experience. Act now before someone else grabs this one-of-a-kind opportunity to own a slice of Pontiac awesomeness.\u201d<\/p>\n

Hubel says the area is experiencing a bit of a renaissance.<\/p>\n

\u201cI\u2019m a pretty big proponent of Pontiac,\u201d he admits. \u201cI live in Pontiac myself, and it\u2019s an urban area that is just starting to come back, and that\u2019s kind of why I moved there. Things are happening here, and I think a lot of investors\u2019 eyes may be open to the city, where they weren\u2019t before.\u201d<\/p>\n

The post A House for $1?! Tiny Price and Hilarious Description Trigger Dozens of Offers on Michigan Home<\/a> appeared first on Real Estate News & Insights | realtor.com\u00ae<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Realtor.com The $1 list price is a real attention grabber, but the comically candid description of \u201cthe world\u2019s cheapest house\u201d\u2014on the market in Pontiac, MI\u2014steals the show. As we\u2019ve seen in the past, humor can save the day when trying to sell a woebegone home. This listing reads, in part: \u201cPriced at a mind-boggling $1…Read More→<\/a><\/p>\n","protected":false},"author":0,"featured_media":3152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/3151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/comments?post=3151"}],"version-history":[{"count":0,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/3151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media\/3152"}],"wp:attachment":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media?parent=3151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/categories?post=3151"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/tags?post=3151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}