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flag A woman bought a $200 dilapidated house in Australia, renovated it over eight years, and sold it for $375,000 in 2025.

flag In 2017, Steph Herbert, then 22, bought a $200 dilapidated house in Trangie, Australia, from Narromine Shire Council, later purchasing land for $16,500 to relocate it after a year-long delay. flag With family help and DIY labor, she spent $130,000 over eight years to renovate, moving in just weeks before her daughter’s birth despite unfinished kitchen and bathroom work. flag The home sold for $375,000 in 2025, marking a major return on investment. flag Herbert credits determination and resourcefulness, encouraging others to consider low-cost, fixer-upper homes as a path to homeownership, especially through platforms like Facebook Marketplace. flag While not buying another $200 home immediately, she remains open to the idea and is now exploring farm life with her family.

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