Does Low Cost Mean Better Value? Michael Duduit October 24, 2016 It’s tough to buy an apartment in the ritzy neighborhood of Knightsbridge in London, but one building owner made global headlines by offering a room for sale that was available for anyone who wanted it. The interested party, however, would have to use some imagination to make a home sweet home out of the tiny 77-square-foot former storage closet with no windows and no electricity. So what prevented these cramped quarters from being snatched off the market? The owner was asking $335,000! (Today in the Word, May 2007) Leave a Reply Cancel Reply Your email address will not be published.CommentName* Email* Website Notify me of follow-up comments by email. Notify me of new posts by email.