Smallest House for Sale in Nanaimo & Trump
Smallest House for Sale in Nanaimo
“The beauty of me is that I’m very rich.” ― Donald Trump
Some of you may recall that I ran a similar headline when Donald Trump was elected President of the United States in 2017. This article resulted in MORE positive and negative responses our team has ever received – far more than blogs about the recession, mortgage changes and iguana attack (true story). I thought that it would be fun to take a look at what the smallest house in Nanaimo is now listed for since last year, at the time I wrote the initial article, there was a listing for a tiny bungalow for only $135,000.
Today, the smallest house that I could find on MLS is listed for $399,900 and offers 640 square feet of living space. The asking price may seem considerably higher than last year, but this 1 bedroom/1 bathroom home is located on a newly developed corner duplex lot so there is lots of future development potential. The cheapest single family home in Nanaimo is $219,900 and is advertised as providing a buyer with the “chance to put your sweat equity in motion” which basically means that it needs everything – from walls, flooring, kitchen cabinets, toilets, ceilings, and cannot be lived in “as is”.
With the increasing popularity of tiny homes in North America, the charming 640 sq ft bungalow might just be the perfect fit for a person wanting to de-clutter their life. The downside? The home has been priced based on a vision for the future, so the asking price might be a bit much if you are wanting to live in a smaller home.
What hasn’t changed since 2017 is that President Donald Trump is still the president of the United States. Because of this, I thought it might be fun to share with you what I had written in my original article that garnered so much attention. I had jokingly suggested that even Mr. Trump is an advocate of tiny homes as he was quoted as saying in an interview with Playboy Magazine in 1990 that he “could be happy living in a studio apartment” which is likely the equivalent size of the 640 sq ft home listing in Nanaimo.
Tiny homes seem to be a social movement whereby people want to downsize for a variety of reasons. Some believe that a tiny home creates a smaller carbon footprint on earth, while others want financial freedom of owning a home but not having a large mortgage to pay each month. Other tiny home lovers desire to simplify their lives and pursue other interests such as traveling. It is estimated that the average home in North America is 2,400 square feet so a tiny home can be comparable in size to a master bedroom in one of these homes. Typically, a tiny home is between 100-300 square feet in size and homes between 400-700 square feet are considered “micro-homes”.
Tiny home owners seem to live by the adage “live simply so others can simply live” and it has become a political statement for many who share significant environmental concerns. While researching tiny homes, I even came across a Facebook page “Tiny Homes for Hillary 2016” which seemed to suggest that tiny home ownership is a polarizing topic for a small segment of voters.
On the flip side, Donald Trump is not known for owning anything “tiny” save for the online comments about his hands that Saturday Night Live has dedicated countless sketches about. The “tiny hands” comment about Donald Trump actually originate from Marco Rubio who mocked Trump’s small hands and “you know what they say about men with small hands”. A useless fact that you can share with your friends and family is that over 30 years ago, Graydon Carter, editor of Vanity Fair described Donald Trump as a “short-fingered vulgarain”. Interestingly enough, Trump has sent photos of his hands to Carter usually tear-offs from magazine articles with his fingers circled in the pictures with a gold Sharpie hand-written note saying “see, not so short”. Carter has sent back the photos to Trump with a note attached saying “actually, quite short”.
Trump’s portfolio of real estate holdings are ANYTHING but tiny and include hotels, casinos, condo developments and mansions. His primary residence in New York is a sprawling penthouse on the 66th floor that was designed to resemble the Palace of Versailles and is 3 stories high and boasts 24 carat gold accents, indoor fountain and is valued at $100 million USD!
It is difficult to know whether or not Donald Trump will be continue to successful in his role of leader of the United States, but tiny homes do appear to be gaining popularity throughout the country.
Brian & Myles McCullough
SELLING? If you are interested in selling your home or property, please feel free to contact me to get a FREE market evaluation of your home and learn the current value of it in today’s market. This is completely at NO COST to you and you are under NO OBLIGATION to list your home. However, like any investment, it is wise to know the value of your home so that you can make informed decisions when making any changes to your investment plan or portfolio.
BUYING? If you are interested in buying or investing in real estate, view some of my featured listings on my website at www.mmshomes.com. Feel free to call me anytime at 250-751-1223. I look forward to hearing from you.
McCullough Marketing is here to assist you with ALL of your real estate dreams. I have found that it is often the small things that make the biggest impact for home sellers, and I am happy to share with you my booklet titled “90 Tips For Getting Your Home Ready for Sale” which I can email you. Feel free to contact me or email me at firstname.lastname@example.org.