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Who has 85Mil to spare?


Deuce
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I love it, I would get rid off, at least, half the furniture but other than that no complaints, isn't this the place where they had the red Veneno Roadster reveal? I remember seeing the house before.

 

In terms of value, not sure how much the land itself is worth in that area, if I had to guess perhaps somewhere between $10 mil and $20 mil, now if my build budget were to be $60 mil + you would see crazy at the max level, it would make this place look like an outhouse in comparison :icon_mrgreen:

 

Stunning but overpriced IMO.

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I love it, I would get rid off, at least, half the furniture but other than that no complaints, isn't this the place where they had the red Veneno Roadster reveal? I remember seeing the house before.

 

In terms of value, not sure how much the land itself is worth in that area, if I had to guess perhaps somewhere between $10 mil and $20 mil, now if my build budget were to be $60 mil + you would see crazy at the max level, it would make this place look like an outhouse in comparison :icon_mrgreen:

 

Stunning but overpriced IMO.

 

Every house with elite location is overpriced. I doubt this house sells for anywhere near $85MM.

 

Maybe I'm out of touch, but is there really a way anyone can put $60MM into a residential project?

 

 

 

 

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How many super high end homes ever sell for $85MM+?

 

What's the realistic cap for 99% of these types of homes -- $25-30MM?

 

I can't foresee the ability to spend $50MM just on construction alone, and even if you did I doubt you get that money back (same like you do with cars).

 

And it must be tough to have these ultra high expectations with homes......must be really hard to enjoy most any home.

 

Fortis, I know why you don't travel -- it's because staying in a 5 star hotel would be as appealing to you as many of us staying in a hostel. :icon_mrgreen:

 

 

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The only thing that looks expensive is the stone veneer in the closets and its hideous. Other than thats its a bunch of flat planes with white gloss paint or wood veneer.

+1 for 85 mil you'd expected a Fortis level of awesome

+2

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Every house with elite location is overpriced. I doubt this house sells for anywhere near $85MM.

 

Maybe I'm out of touch, but is there really a way anyone can put $60MM into a residential project?

 

You would be very hard pressed, not sure how you'd spend it.

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Fortis, I know why you don't travel -- it's because staying in a 5 star hotel would be as appealing to you as many of us staying in a hostel. :icon_mrgreen:

 

 

You know what, that's exactly what my kids say, I can't get the little monkeys to leave the house :icon_mrgreen:

 

Guys thank you for the kind words :turboalex: it means a lot to me!

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I thought that when this home was used for the red Veneno roadster display someone mentioned it was for sale for around $36m? If so, how the heck did it the price almost triple in that time?

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