In theory, you could do so now if you were in a bind with taxes and wanted to create a capital loss to detect from your taxes. I'm not sure how well that would work in practice though, since you don't see people selling houses for a fiat dollar anymore.
I would never trade in my whole house for just one Bitcoin because first of all I would never think that one Bitcoin is going to worth the same as a house.
That is just not a smart deal if you ask me.
Some years ago in the US there were people who sold their house for $1.00 USD as a tax dodge. I don't remember what happened that made that stop. However, with bitcoin, if that dodge was still possible, it could work two fold, first getting the tax break, and then the possibility of bitcoin's price going up to a level that it eventually becomes worth it.