Courtesy of Redfin; Wikimedia Commons; Business Insider
Displaced residents shelled out $2 a month toward the $50 price of these earthquake cottages in 1906 - now one of them has undergone a stunning renovation and is asking $2.5 million.
- The 2,155-square-foot home at 31 Romain St. in San Francisco, California, is on the market for $2.5 million.
- It's one of the city's 5,000 remaining "earthquake shacks" built as temporary housing units after the 1906 earthquake and fires that left 250,000 residents homeless.
- The tiny homes, now spread across the city, usually sell in the $1 million range.
- In a hot real estate market like San Francisco's, it's not unusual for homebuyers to cough up the price for historically relevant (see: older) homes before shelling out even more for repairs and renovations.
- But this one has already undergone a complete renovation, rendering the $2.5 million price tag more reasonable.
- The home's listing agent, Joanna Rose with Redfin, told Business Insider that when the owner first bought the home, it lived up to its "earthquake shack" name.
- Now it's a contemporary masterpiece. Take a look inside.