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(TampaBay.com (St. Petersburg Tim)   Do you have $199,999 burning a hole in your pocket? Well then you could own the smallest house on the market in Tampa Bay (with pics)   (tampabay.com) divider line 70
    More: Florida  
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16929 clicks; posted to Main » on 04 Aug 2014 at 12:40 AM (39 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



70 Comments   (+0 »)
   
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2014-08-03 09:10:45 PM  
Tom Scarritt, 57,

So it either has an alien or a poltergeist.
 
2014-08-03 10:41:38 PM  
The hole in my pocket is roomier.
 
2014-08-03 11:32:52 PM  
You may find yourself, living in a shotgun shack...
 
2014-08-03 11:35:55 PM  
But then I'd have to live in Florida.
 
2014-08-04 12:23:40 AM  
I'd rather buy a mansion in Detroit.
 
2014-08-04 12:43:54 AM  
If I was living by myself, I'd like to live in a place that size. But I'd want it to be on acreage.
 
2014-08-04 12:47:04 AM  
Or you could buy a small lot and drop a customized a storage shed on it and bank 194,000.00
 
2014-08-04 12:47:28 AM  
That wouldn't buy a room in Vancouver. Check your privilege.
 
2014-08-04 12:49:07 AM  

Pribar: Or you could buy a small lot and drop a customized a storage shed on it and bank 194,000.00


Where? Iowa?
 
2014-08-04 12:50:19 AM  

JoieD'Zen: You may find yourself, living in a shotgun shack...


If you buy the place, you may ask yourself "my God what have I done"?
 
2014-08-04 12:51:39 AM  
Mugato: Tom Scarritt, 57,

So it either has an alien or a poltergeist.


or you've got to worry about the seller going all maverick on you
 
2014-08-04 12:56:57 AM  
Tampa Bay is a body of water.
 
2014-08-04 01:01:06 AM  

JoieD'Zen: You may find yourself, living in a shotgun shack...


Yes, came here to say...

FTA: He would call it a "shotgun shack," but
you can't fire from one door clean
through the back. The house has only one
door.

i.ytimg.com

And you may find yourself living in a
shotgun shack
And you may find yourself in another part
of the world
And you may find yourself behind the
wheel of a large automobile And you may find yourself in a beautiful
house, with a beautiful wife
And you may ask yourself
Well...How did I get here?

/took too long from my cell phone
 
2014-08-04 01:03:12 AM  

Mugato: Tom Scarritt, 57,

So it either has an alien or a poltergeist.


And nice picket fences.
 
2014-08-04 01:04:44 AM  
"Once in a Lifetime" trifecta in play?

Oh, crap. The other one was technically yesterday.
 
2014-08-04 01:05:14 AM  

Mugato: Tom Scarritt, 57,

So it either has an alien or a poltergeist.


FDR Jones: Tampa Bay is a body of water.


Maybe a river runs through it.
 
2014-08-04 01:08:34 AM  
I looked at a one bedroom condo in Portland last week. 348k and it was more of a loft space than a real 1bdrm. Different cities have different prices.
 
2014-08-04 01:10:22 AM  

FDR Jones: Tampa Bay is a body of water.


Must be frozen then, because they have a hockey team.
 
2014-08-04 01:14:52 AM  

whatshisname: FDR Jones: Tampa Bay is a body of water.

Must be frozen then, because they have a hockey team.


Alleged hockey team ya mean....
 
2014-08-04 01:17:52 AM  

Pribar: whatshisname: FDR Jones: Tampa Bay is a body of water.

Must be frozen then, because they have a hockey team.

Alleged hockey team ya mean....


Didn't they win the cup a few years ago? Their fan base is all Canadian snowbirds
 
2014-08-04 01:33:46 AM  

whatshisname: Pribar: whatshisname: FDR Jones: Tampa Bay is a body of water.

Must be frozen then, because they have a hockey team.

Alleged hockey team ya mean....

Didn't they win the cup a few years ago? Their fan base is all Canadian snowbirds


Dunno just watched em play Montreal last year, it was a 4 game sweep, was like watching a buncha high schoolers play Montreal
 
2014-08-04 01:35:01 AM  
I think the humidity oozing from that picture stained my monitor. :|
 
2014-08-04 01:57:08 AM  
I like it. He'll turn a decent profit if he gets 199K for it; sold for $108K in 2002.
 
2014-08-04 02:07:19 AM  
www.tampabay.com

I do like the 10 foot ceilings.

What this bedroom needs though, is a four story highway overpass support column in the middle it.
 
2014-08-04 02:29:57 AM  
For that money I can get a 3 bedroom condo in Marin County. OH WAIT I DID LOL
 
2014-08-04 03:28:10 AM  
According to my calculations that's £120k. I'd pay it. But where I live you can't really get anything for less than about £150k, which is why I'll be stuck renting until I die.
 
2014-08-04 05:28:53 AM  
That place is bigger than my flat! Cheeky farkers..
 
2014-08-04 05:30:36 AM  

edgar1981: According to my calculations that's £120k. I'd pay it. But where I live you can't really get anything for less than about £150k, which is why I'll be stuck renting until I die.


Go to Wales. I got a cheap repo for 40know, and with a fair amount of blood sweat and tears I'll be able to sell it for about 90. Maybe.
 
2014-08-04 05:31:21 AM  

spiritplumber: For that money I can get a 3 bedroom condo in Marin County. OH WAIT I DID LOL


Hell of a commute to Tampa.
 
2014-08-04 05:34:47 AM  
$200,000 for that!? Here comes the real estate bubble market turning to foam again with another nice economic collapse sure to follow. It was getting boring with our heads above water or at least our noses.
 
2014-08-04 05:42:48 AM  
That article is not winning a Pulitzer.
 
2014-08-04 05:45:26 AM  
My (rental) house is about 470 square feet, minus the interior walls, and it's like living on a boat. Everything has its place or it feels really cramped. I'm guessing it's worth about $300,000. Best part: not in farking Tampa.

/forever
 
2014-08-04 06:22:10 AM  
There are many places in this world where a sub-400 square-foot dwelling is worth $200k; there are even places where it would be worth more than that.  But I'm having an awfully hard time believing that Tampa is one of them.
 
2014-08-04 06:37:47 AM  
Currently vacationing in a 4 bedroom 2 bath log home overlooking a pretty, and calm lake. Private sandy beach front access. Almost an acre. Somewhere in Indiana, owner is asking 239,000
 
2014-08-04 07:43:11 AM  
Paid $110K for 2500 sf NEW, on 5 acres, 2 hours north of Tampa, 10 years ago.
 
2014-08-04 07:59:26 AM  
The shoebox hid whispers of a century-old mystique, something prized but lost to time

To our European friends, we here in the US think 100 years is a long time. But in all fairness, we tend to tear down anything over 30 years old, so a house making it to 100 is kind of a big deal.
 
2014-08-04 08:13:46 AM  
In 1963 housing cost about 2.9 years income, today it costs 4.4 years income and was higher during the bubble. I'd run all the numbers in between but it would take too damn long.

Housing costs too damn much and the Millenials are going to become the first generation of almost pure renters at this rate. When the Boomers die and no one can afford to take care of the place everything will become Section 8 or sucked up by the 1% for yet another source of income that will be spun to be yet another source of Capital Gains.

/All Hail the Corporate Congress
 
2014-08-04 08:17:46 AM  

Pribar: Dunno just watched em play Montreal last year, it was a 4 game sweep, was like watching a buncha high schoolers play Montreal


Have you ever seen Lindback play before that series?  The team did everything it could to not get embarrassed because of that guy.  How did Montreal do when it lost its starting goaltender?
 
2014-08-04 08:40:34 AM  

Pribar: Or you could buy a small lot and drop a customized a storage shed on it and bank 194,000.00


I can't speak for Tampa's property market but if you're buying in the DC area you'd be lucky to get change from that $200k if you're buying anything bigger than a 1/8 acre lot, and even then you're looking in run down areas. In the upmarket parts of town it might be enough to put down a 20% deposit on a 1/4 acre lot with a tear-down.
 
2014-08-04 08:47:18 AM  

ajgeek: In 1963 housing cost about 2.9 years income, today it costs 4.4 years income and was higher during the bubble. I'd run all the numbers in between but it would take too damn long.

Housing costs too damn much and the Millenials are going to become the first generation of almost pure renters at this rate.


The problem is less the housing cost and more the income.
 
2014-08-04 09:01:06 AM  
ajgeek: In 1963 housing cost about 2.9 years income, today it costs 4.4 years income and was higher during the bubble. I'd run all the numbers in between but it would take too damn long.

Which gets even more depressing when you consider that in 1963 that household income was often a single income, with mom at home to raise rugrats*. Today it's from a dual income stream and if a couple decides to have kids they lose a fair chunk of that second income to childcare costs.

*Which certainly had problems of it's own.

Housing costs too damn much and the Millenials are going to become the first generation of almost pure renters at this rate. When the Boomers die and no one can afford to take care of the place everything will become Section 8 or sucked up by the 1% for yet another source of income that will be spun to be yet another source of Capital Gains.

My guess is that when we're around mid-way through the baby boomers hitting retirement we'll see a drop in house prices - a lot of folks have minimal retirement savings and their plan (whether they know it or not) is to sell the house and downsize. As the boomers are such a large generation this'll free up a good number of houses. Of course - those will mostly be in the suburbs and exurbs which are shunned by a lot of Millennials, but Gen Xers still seem to like them.
 
2014-08-04 09:45:18 AM  
I don't know if any of you are aware of this, but there is kind of an affordable housing crises in Florida.  It happens when the only thing developers want to build are multimillion dollar condos.
 
2014-08-04 09:49:21 AM  

Pick: Paid $110K for 2500 sf NEW, on 5 acres, 2 hours north of Tampa, 10 years ago.


Look out for the sinkholes
 
2014-08-04 09:51:18 AM  

spiritplumber: For that money I can get a 3 bedroom condo in Marin County. OH WAIT I DID LOL


Quite the achievement there. You're right to be proud.
 
2014-08-04 09:55:49 AM  

Some Coke Drinking Guy: I don't know if any of you are aware of this, but there is kind of an affordable housing crises in Florida.  It happens when the only thing developers want to build are multimillion dollar condos.


Yes, they should build ramshackle huts on prime land. For the love of providing housing for mankind.
 
2014-08-04 10:02:50 AM  
Even my apartment back in Chicago was bigger than that, and $500 a month. That's decades worth of rent right there.
 
2014-08-04 10:05:35 AM  

Target Builder: their plan (whether they know it or not) is to sell the house and downsize. As the boomers are such a large generation this'll free up a good number of houses. Of course - those will mostly be in the suburbs and exurbs which are shunned by a lot of Millennials


I'd add that much of that housing stock to be freed up is in the inner ring / older suburbs.

If millennials can accept a house that's sort of suburban in character and not the typical inner urban condo in some repurposed slaughterhouse, there'll be plenty of affordable homes to go around.

Currently, in St Paul's less fashionable East Side and those suburbs very nearby, those little homes are largely owner occupied by southeast Asian immigrants.
 
2014-08-04 10:06:06 AM  

Monkeyfark Ridiculous: ajgeek: In 1963 housing cost about 2.9 years income, today it costs 4.4 years income and was higher during the bubble. I'd run all the numbers in between but it would take too damn long.

Housing costs too damn much and the Millenials are going to become the first generation of almost pure renters at this rate.

The problem is less the housing cost and more the income.


Factor out the average square footage and that curve will flatten.  What's considered socially acceptable these days is twice as large as it was in 1963.  Gotta have that master bedroom suite with walk-in closet, even if it bankrupts us!
 
2014-08-04 10:08:38 AM  
I live in DC, where you can't find much for under $300K in the metro area. There's a massive construction boom, but it's all 1-BR and studio apartments. It's like the city actively wants to push out professionals when they start families, which correlates positively with reaching a more comfortable standard of living (i.e. bigger tax contributions). It is so stupid, and with professionals with new families leaving, there will never be as much pressure on the school districts as is needed to make it stop being so shiatty and mismanaged.
 
2014-08-04 10:19:04 AM  

bv2112: It's like the city actively wants to push out professionals when they start families, which correlates positively with reaching a more comfortable standard of living (i.e. bigger tax contributions). It is so stupid, and with professionals with new families leaving, there will never be as much pressure on the school districts as is needed to make it stop being so shiatty and mismanaged.


A big part of that is also because a lot of DC schools tend to be pretty shiat while Arlington, Fairfax, and the nicer parts of Maryland have some of the best public schools in the country.

If you go house-hunting in the District you'll see a LOT of parents with pre-K kids who are selling because they lost the school lottery and are moving to VA or MD.
 
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