Quote:
Originally Posted by rattlsnak
Aside from it being a mess, I can't believe a house that size costs that much! Especially after the bubble burst. That's insane. Looks like a $150k house around here!
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You can get one like it for $3-4 million in Santa Monica north of Montana Ave. In RE, three things determine the value: location, location and location. Free people in a free market will pay $4M for a small house in Santa Monica or $150k for a house where you live. It's not the house that determines value, it's the location it's sitting on.
Maybe you could have your house moved somewhere more desirable? Might be worth it.
