A well-designed home for under $50,000? This tiny house designed for the battered Gulf Coast will be sold by Lowe's, and is expected to draw buyers from all over.
The "Lowe's Katrina Cottage" offerings range from a two-bedroom, 544-square-foot model to a three-bedroom, 936-square-foot house. The cottages will cost $45 to $55 per square foot to build, Lowe's estimates, meaning the smallest would run about $27,200 and the largest $46,800. Estimates do not include the cost of the foundation, heating and cooling, and labor.
"We're starting on the Gulf Coast, where the original idea came from, but as soon as we feel the logistics are worked out we could go national," says Cusato, whose Web site has received more than 7,000 inquiries since January. "We want to be sure that when we say it's available, we're 100% sure we can deliver."
Stylish cottage for Katrina country is a big hit - Buying a House - MSN Real Estate
The "Lowe's Katrina Cottage" offerings range from a two-bedroom, 544-square-foot model to a three-bedroom, 936-square-foot house. The cottages will cost $45 to $55 per square foot to build, Lowe's estimates, meaning the smallest would run about $27,200 and the largest $46,800. Estimates do not include the cost of the foundation, heating and cooling, and labor.
"We're starting on the Gulf Coast, where the original idea came from, but as soon as we feel the logistics are worked out we could go national," says Cusato, whose Web site has received more than 7,000 inquiries since January. "We want to be sure that when we say it's available, we're 100% sure we can deliver."
Stylish cottage for Katrina country is a big hit - Buying a House - MSN Real Estate