In Oulais, North Ostrobothnia, a surprisingly inexpensive wooden single-family home is up for sale at the price of €10,000. This remarkable listing has garnered attention due to its low cost despite being located in a central area with essential services available just a few hundred meters away. According to the real estate agent, Juha Saartoala, the property is close to services such as shops, schools, daycare, and a church, which typically increase a property's value in the market.

The house, built in 1956, has a living area of 96 square meters but has suffered from a water damage issue, which is primarily why it is listed at such a low price. Saartoala indicates that while the house is currently not directly livable and is considered demolition-worthy, it can be renovated for habitation by refurbishing the basement's washing facilities. Effectively, buyers are paying merely for the land itself, and the house comes as a secondary aspect of the deal, which presents a unique opportunity in the property market.

This listing raises intriguing questions about property values in Finland and the implications of purchasing homes that come with significant renovations needed. As the housing market experiences fluctuations, especially in remote areas, such a listing invites potential buyers to consider the benefits of location and renovation versus the costs associated with habitability and repairs. It also reflects the ongoing conversation surrounding affordability in housing options in Finland, particularly for first-time homebuyers and those looking for investment opportunities.