"It's kind of a weird timing.but with the economic state people are in right now, it's probably extremely appropriate for people to hear the behind the scenes story," he said. The couple did not expect their story to go viral again this month after they first posted about the shed in 2020, but "TikTok's algorithm picked it right back up and ran with it," Nick said. "So, I think our debt story, how we were probably one of the very, very few to sell pretty much everything we own – including the furniture, I mean, we sold everything – I think there's a little inspiration there that there's light at the end of the path." People are burdened by debt and the everyday weight of life," said Nick. "There's so much to unpack in this story, and I think our story is not unique in the sense that people are hurting. When the Lucidos sold their home, they got about $362 per square foot. Right now, the average price per square foot for homes in Cumming is $203, according to.
The average cost of homes in the area has increased since then, as they have across the U.S. In 2021, the average home price in Cumming, Georgia, where the property was located, was $374,000, according to Zillow – this does not take into account lot size or number of bedrooms. They made about $225,000 in profit and used the money to build their new home on another plot of land, temporarily moving into an apartment as it was under construction. So, the couple sold it for $312,000 in April 2021, after living in it for slightly longer than a year. Plus, the tiny home came with more than eight acres of land. The average apartment in Atlanta is 971 square feet and in New York, the average is 702 square feet, according to Rent Cafe. Not only was the market favoring sellers, the tiny house wasn't all that tiny. "I think it was an ideal space and with the market the way it was at the time, people were escaping Atlanta and the metro area and people wanted a little privacy and seclusion and I think that property delivered a lot," Nick said. Nearly 4 in 10 city dwellers considering moving to a more rural area because of the COVID-19 outbreak, a Harris poll found in 2020. In New York City alone, more than 333,000 people had left the five boroughs by January 2021, according to data obtained by CBS New York. It was like, 'Oh, maybe people do like this.'"ĭuring the pandemic, Americans decided to leave cities and try out more suburban or rural areas. "It was kind of like, 'Let's just list it and see what happens.' And we got a lot of hits on it. "We had a lot of people tell us we should Airbnb it out," Meghan said. Prices in San Diego, Charlotte and Atlanta have also climbed.
Home prices increased across the U.S., with Florida cities Miami, Orlando and Tampa seeing some of the sharpest increases. At first, the Lucidos planned to live in the shed as they built their new home on the same property, but when the pandemic, hit they saw an opportunity to sell.
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