MattPT
Active Member
I don’t remember, but didn’t they buy it for 5? And wasn’t it already a shell of a building at that point. I could be way off here though...
Agreed, but it's all supply and demand. We really need to liberalize our zoning laws + building codes if we ever want to make a dent in castle affordability. Look at what you can get for 11 million in France!$346k/door is stupid money for that location and product.
Its only stupid, if the seller can't sell it. The building is new and the location is fairly good. We are so used to a depressed real estate market here over the last decade we think that is normal.$346k/door is stupid money for that location and product.
Off topic, but from what I understand, the reason castles in places like France and Scotland are (relatively) cheap is due to the high upkeep costs, and the large amount of upgrades usually needed to make them liveable. They're extremely hard to heat/cool, they probably don't have running water in most of the building, retrofitting electrical can be difficult, and they're not exactly watertightAgreed, but it's all supply and demand. We really need to liberalize our zoning laws + building codes if we ever want to make a dent in castle affordability. Look at what you can get for 11 million in France!
View attachment 416542
This one is the very definition of lipstick on a pig...$346k/door is stupid money for that location and product.