Georgia Couple Gave Up Their 2,000-Square-Foot Home For A Home Depot Shed That Later Sold For $312,000

2022-07-20 12:18:00 By : Ms. Amy Xu

Switch to dark mode which is kinder to your eyes at night.Switch to the light mode that is kinder to your eyes during the day.Switch to dark mode which is kinder to your eyes at night.Switch to the light mode that is kinder to your eyes during the day.By notimundo July 17, 2022, 7:11 pm 240 Views 0 VotesA young Georgian couple have freed themselves from debt by giving up their spacious home to pay their bills and remodel a Home Depot shed that they later sold for $312,000.In March 2020, Nick and Meghan Lucido left their expensive Cummings lifestyle behind and decided to sell their 2,000 square foot home and move into a RV.The couple paid off some of their debts with money from home and car sales and also bought an eight-acre piece of land for $40,000."We never missed a mortgage payment," Nick told the New York Post.We were both very young…professionals.And we had two new cars, a new house, and we were a little bit in debt.Instead of building a regular house, the Lucidos were suddenly inspired by a shed they saw at Home Depot and got creative.They lived in the van and managed to pay off $82,000 while they worked to flip the shed ready for use.After living in the mobile home for a year with their young son, the family sold the shed in December for $312,000.They have since bought their dream home, the couple said, and were able to do so without financial problems.“The ability to pay everything off, move into an RV and literally be debt free was the most liberating experience I think anyone can experience,” Nick told the Post.In March 2020, Nick and Meghan Lucido left their expensive Cummings lifestyle behind and decided to sell their 2,000 square foot home and move into a RV.Instead of building a regular house, the Lucidos were suddenly inspired by a shed they saw at Home Depot and got creative.They have since bought their dream home, the couple said, and were able to do so without running into financial trouble.They lived in the van and managed to pay off $82,000 while they worked to flip the shed ready for use.The Lucidos were not only able to pay their bills, but also purchased a completely custom-built, two-story house with an open porch that they call 'the farm'.'We moved in February this year.The house is ready.And we got our dream house,” Nick told the Post.He said that he did not expect the house to sell for so much money and that his family was lucky that COVID affected the real estate market in Georgia."And that's when a guy came along and offered us more money than we could ever imagine."In an Instagram post, Nick revealed how he and his wife got stuck in debt as young adults.He said they made a pattern of mistakes, like buying a house they could barely afford and upgrading their cars, that eventually landed them in financial trouble.“I got a bonus and Meghan started making more money and I wanted the new car.We were in debt, so what?Everybody is,” he explained.Nick Lucido said he and his wife made a pattern of mistakes, like buying a house they could barely afford and upgrading their cars, which eventually landed them in financial straits.The Lucidos were not only able to pay their bills, but also purchased a completely custom-built, two-story house with an open porch that they call "the farm."They saved labor by building the house themselvesThe only bedroom in the small cabin after it was flippedThe Lucidos shared their journey on social media.And he showed followers his progress as they changed the house.Many were surprised at how helpful the family was.As the couple's student loan debt, car payments and mortgages piled up, they were 'barely left'.They planned for their pregnancy and medical bills, but they didn't expect their air conditioner to stop working once they brought their son home.'No money, no savings, more money going out than coming in, new baby without air conditioning, in August.I had to go to my amazing parents and ask them for money,” Nick shared.The new parents began downsizing and downsizing and eight months after being introduced to a financially responsible lifestyle, they decided to sell everything they owned and purchase a mobile home to live in full time.The Lucidos paid off more than $90,000 in debt while living in the trailer.While they were remodeling the house, the Lucidos lived in a trailer with their young son.They said that giving up their expensive life was the smartest decision.Nick said he got the permits as the owner doing the work himself, saving GC cost and labor, to pass residential codes.The shed, which is 860 square feet, has a bedroom, a full kitchen, a full living room, and a porch.The Lucidos moved into their new home in February after they were able to pay for it with proceeds from the sale of their shed in December.The couple shared their journey from dumping the shed to their dream home on Instagram and TikTok, building a community of people inspired by their decision to become debt free.On TikTok, Nick thanked them when he completed the construction of the house.'A lot has changed.It's good for a crazy market and people's love of tiny houses!'© 2022 News Online - [email protected]Username or emailEnter your account data and we will send you a link to reset your password.Username or emailTo use social login you have to agree with the storage and handling of your data by this website.%privacy_policy%Here you'll find all collections you've created before.