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Tiny House in Wealthy Boston Suburb Sells for $315,000 Would you pay that much for a 250-square-foot abode?

By The Associated Press

entrepreneur daily
Barry Chin/The Boston Globe via AP

NEWTON, Mass. (AP) — A tiny home in a wealthy Boston suburb has sold after about a month on the market, albeit for far less than the original asking price of almost $450,000.

The roughly 250-square-foot (23-square-meter) home in Newton sold on Monday for $315,000, according to Coldwell Banker Realty's Hans Brings Results agency.

The home, on a 0.06-acre lot (0.02 hectares), went on the market in late September.

The house built in 1970 is described as an "adorable tiny studio home ... featuring completely open living space," with a loft and "ready to finish basement," and recent renovations including a new bathroom and electrical upgrades.

Several unusual homes in the Boston area's hot real estate market have sold for high prices in the past several months. Boston's famous 10-foot-wide Skinny House sold in September for $1.25 million, and a home gutted by fire in Melrose sold for nearly $400,000.

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