Home Depot ‘Tiny House’ Turned into a Giant Profit for Georgia Family
In 2020, a two-story Home Depot shed became the financial lifeline that a struggling Georgia family was looking for – and now they’re selling it for more than $300,000, debt-free.
- Nick Lucido and Meghan Lucido claim to have repaid $82,000 of debt in nine months.
- Over $300,000 was sold for the couple’s Home Depot shed flip.
- Their ‘dream house’ was custom-built for their family.
In March 2020, Nick and Meghan Lucido had envisioned themselves living in a custom-built house, according to an Instagram post, but debt and a new baby forced them to sell their house and look for an option that was more affordable.
According to the New York Post, Nick Lucido announced nine months later that he and his wife were “living tiny” in a Tuff Shed home that was purchased from Home Depot. They were able to reduce their debt by $82,000 as a result of the move.
There were two million views on a TikTok post that the family posted about their home in August of 2020. It is in this video that Lucido shows the exterior of their 860-square-foot, one-bedroom home that they bought and customized, along with eight acres of land that they bought in 2020, which the couple plans to develop.
He provided a full house tour at the request of commenters so that they could see just how much space and comfort the tiny house could offer to a family of three. There was a washer and dryer in the apartment as well as a walk-in closet and a fully equipped kitchen in the apartment.
In December 2020, after saving money by living there for more than a year, the couple decided to sell the transformed home for $312,000 for a profit. In July 2021, Nick Lucido took to TikTok to reveal the details of the new custom-built “dream house” he is building for his family. The construction of the house began in July 2021.
In his caption, he says: “Good thing for a crazy market and people’s love for tiny homes,” he says in the caption.
Among the sheds offered at Home Depot, there are simple outdoor storage sheds to residential sheds which are available in a variety of sizes. According to the website, there is a price range between $3,000 and $50,000 for the items.
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