The Smallest Home for Sale in Portland, Maine is Barely 300 Square Feet
Portland, Maine's real estate market is one of the most unpredictable in the state. There's no average pricing scheme or consistency in listings. It seems that Portland popping up on "Best Cities" lists and receiving national attention for our food scene has given sellers the opportunity to list homes at any price tag they wish, disregarding real value.
Take this condo in Portland's Arts District, for example. The home at 12 Deering Street was built around 1868 boasts stunning architectural details with original woodwork. History oozes from the walls and intricate crown moldings. Tucked behind the couch is a marble fireplace original to the home. A few stainless steel appliances complete the kitchen. The price tag? Just $159,900. Ready to sign on the dotted line?
Hang on a minute.
The features are stunning, the neighborhood is ideal, and the price tag couldn't be better. One key detail may change your mind. The condo is only 291 square feet.
Two hundred and ninety-one square feet. That means the space is roughly 17-feet by 17-feet. You've probably been in hotel rooms bigger than this condo.
Sure, it could be a great pied-e-terre (that's fancy talk for weekend crash pad) or an office space, but it's being sold as a residential condo at a rate of $569 per square foot.
Could you make this space work as your primary residence?