I first posted this house at 30 Hanson Street in the Greenwood-Coxwell area on August 21.

It is a garden shed/garage/shack on a 20 x 14.5 foot lot.  It was listed at $229,000.

Or $790/square foot for the land or $1,211/square foot for the shack!!!  So, this Wychwood house should have been priced at $4,000,000!?!

This shack has no running water!!!  No kitchen, no sink, no shower! NO TOILET!!!  

The price was dropped to $195,000 just 3 days ago.

It sold yesterday...

 For $165,000.

Or $568/square foot for the lot and $873/square foot for the shack (average condo price is $413/square foot)!!!

So....

My question is this....