Quote:
Originally Posted by snowman
I did say replacement value, didn't I? Most Victorian houses, the really nice ones cost about 1.5 million to build from scratch, IF you can find the labor. Note: a typical sears and robuck house of that era is not a really nice house. Some like the Planting Fields would cost 100 million today. The ones I am mentioning would cost about 10 to 20 million today. They cost about 1 million back in 1929.
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Hmm...sounds nice. Here's what a lousy $20mil gets you down here (Palm Beach FL):
http://homes.realtor.com/search/listingdetail.aspx?ctid=2338&mnp=55&typ=1&sid=7c37ccd0e7e04e1ca56ac81e7c9a2f87&sdir=0&sby=2&pg=2&lid=1088981142&lsn=12&srcnt=43#Detail