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  1. #11
    Looking Elsewhere
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    As for the house in Aspen, that house is on Red Mountain which always commands high dollars because of the view over downtown Aspen and the ski hill, can’t get any better in the area. Also, the house is likely being sold turn key fully furnished in move in condition as most of these houses are amd who knows, maybe the cars in the garage went with it. It’s probably full of $millions in art work. Remove the art and furniture the house probably drops back closer to the original purchase price of the previous owner.

  2. #12
    I'm a dude, I swear! SuperiorDG's Avatar
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    4.5 ac. I guess they don’t go outside much.

  3. #13
    Grand Master Know It All Sawin's Avatar
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    Quote Originally Posted by 3beansalad View Post
    The home a block east of me is for sale. Millions saved. Invest some in a remodel.

    https://www.zillow.com/homedetails/7...13569581_zpid/


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    If someone pays $1M for that house they?re fucking stupid.
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  4. #14
    The "Godfather" of COAR Great-Kazoo's Avatar
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    Quote Originally Posted by Sawin View Post
    If someone pays $1M for that house they?re fucking stupid.
    Perhaps, yet people are paying $2k per for rent. Our house sold for 4.5x what we paid, by word of mouth. Who knew?
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  5. #15
    Grand Master Know It All 3beansalad's Avatar
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    Quote Originally Posted by Sawin View Post
    If someone pays $1M for that house they?re fucking stupid.
    I would agree, but it will come close based on the size of the house, and the detached "garage." The house itself needs some serious remodeling, but we'll see.

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  6. #16
    Grand Master Know It All Sawin's Avatar
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    Quote Originally Posted by 3beansalad View Post
    I would agree, but it will come close based on the size of the house, and the detached "garage." The house itself needs some serious remodeling, but we'll see.

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    Admittedly, I looked at one picture and made my earlier comment- perhaps too early, it is a lot larger than I first thought, but still... i'd put that in the $600k range, not $1m, but i'm no realtor so what do I know.
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  7. #17
    Grand Master Know It All crays's Avatar
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    Quote Originally Posted by Sawin View Post
    Admittedly, I looked at one picture and made my earlier comment- perhaps too early, it is a lot larger than I first thought, but still... i'd put that in the $600k range, not $1m, but i'm no realtor so what do I know.
    Not in disagreement, but will add that sitting on a 1 acre lot in town boosts it some as well.

    For an additional $300k I'd go this route: https://www.zillow.com/homedetails/1...13535976_zpid/
    5 acres in Black Forest.
    Last edited by crays; 06-18-2021 at 09:20.
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  8. #18
    Grand Master Know It All eddiememphis's Avatar
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    Quote Originally Posted by Sawin View Post
    If someone pays $1M for that house they?re fucking stupid.
    You would be amazed at what goes for that price these days.

    I am a home inspector and have watched the prices soar. You should see some of the dumps I go to that are selling around 500k, let alone a million.
    Almost every home that comes on the market has multiple offers, often more than ten.

    A million dollar home ain't what it used to be.

  9. #19
    Grand Master Know It All BladesNBarrels's Avatar
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    How about the Slice of Hell House in Colorado Springs.
    Listed at $590k and had 16 full price cash offers on first day.
    Needs 150 to 230k in repairs and would be worth 700k when completed.
    Do the math.
    Made quite the sensation on the TV Presenters local coverage.
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  10. #20
    Grand Master Know It All 3beansalad's Avatar
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    Quote Originally Posted by BladesNBarrels View Post
    How about the Slice of Hell House in Colorado Springs.
    Listed at $590k and had 16 full price cash offers on first day.
    Needs 150 to 230k in repairs and would be worth 700k when completed.
    Do the math.
    Made quite the sensation on the TV Presenters local coverage.
    Wouldn't the home owner have collected some insurance payouts for repairs?

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    It's a measure of the civility in this country that no ones seems to fear constantly pissing off the people who own lots of guns.

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