This American bought a $1 home in Italy and spent $446,000 renovating it—it improved her work-life balance

Meredith Tabbone first decided to buy and renovate a cheap home in Italy to reconnect with her family history. More than four years and nearly half a million dollars later, her 1-euro home journey has given her a new perspective on work, life, friendships and happiness.

Tabbone, 44, is a financial advisor in Chicago. In 2019, she learned about a town in Italy, Sambuca di Sicilia, that was auctioning off abandoned properties starting at 1 euro, or roughly $1.05.

At the time, Tabbone was researching her own family history and realized her great-grandfather was originally born in Sambuca before starting a new life in America.

The coincidence was "too good to be true," and she took it as a sign to place a bid.

Tabbone won her bid and spent 5,900 euros, or roughly $6,200, to take ownership of the home. She also bought the building next door and spent the next four years managing a local crew on the massive renovation.

In all, Tabbone spent roughly $475,000 on her Italian dream home.

The Chicagoan quickly learned that Sicilians work on a slower timeline than she's used to in the U.S. On top of that, the Covid-19 pandemic slowed renovation progress for years.

But she came to appreciate the slower pace of life, and it helped her settle into her Sicilian community more deeply.

If travel were open like normal, she says, "I would have typically been coming here and going sightseeing and meeting other expats. I was instead spending time with locals who were renovating my home and their friends."

Socializing is now a big part of Tabbone's life in Sicily, and she says it's easier to make friends there than in the U.S. "It's just part of the culture here to be out every day and be around people," she says. "And if that's what you love, this is