Finally a Place where homes are more expensive than LI
10-foot-wide shed sells for $269,100 in Dublin
Startling price for tiny structure highlights Ireland's real estate boom
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.
Copyright 2005 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters.
Startling price for tiny structure highlights Ireland's real estate boom
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.
Copyright 2005 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters.
