Property Depot has quietly entered the true estate industry.
The US household advancement store giant appeared to debut its new tiny property or “getaway pad”, by house-kit production firm Additionally 1, last year, and it’s currently garnering traction on social media as a feasible resolution to unaffordable housing and home harm brought about by the weather disaster.
The news comes in the wake of an inexpensive housing disaster plaguing the region, with skyrocketing lease costs and mortgage desire fees.
For approximately $50,000, the pad can be sent and assembled as a standalone extension to an present dwelling, like a guesthouse, or as a main residence for individuals for whom household ownership is out of achieve.
But despite the fact that it has an interesting value position at encounter benefit, other options and additions ought to be taken into consideration in get for the home to be entire, like doors, windows, electrical and plumbing programs, and finishes.
If relevant, buyers have to also utilize for the suitable permits in buy to adhere to neighborhood zoning guidelines.
Separate from giving monetary price, In addition 1 also features its properties are “resilient to extraordinary weather” – an captivating aspect during severe local climate occasions like storms, hurricanes, tornadoes or wildfires, which climate gurus say are increasing in frequency and intensity.
Due to the fact of its engineering, the residences also keep out bugs and rodents, according to Additionally 1.
Each and every pad is manufactured of a steel frame that is intended to be easily and promptly assembled on a concrete slab.