Mar A Lago value?

glhs837

Power with Control
So, why does Zillow value it at only 24 million? Houses right next it on postage stamps cost crazy money.


mar a lago.jpg
 

my-thyme

..if momma ain't happy...
Patron
I could put any value I want on any of my stuff.

Doesn't mean anyone would, or should, hand over that much cash if they wanted it.

And if I'm trying to secure a loan against my stuff, it would be up to the bank to determine how much THEY value my stuff and how much they would loan me against it.

This all seems like such a non-issue to me.
 

glhs837

Power with Control
I could put any value I want on any of my stuff.

Doesn't mean anyone would, or should, hand over that much cash if they wanted it.

And if I'm trying to secure a loan against my stuff, it would be up to the bank to determine how much THEY value my stuff and how much they would loan me against it.

This all seems like such a non-issue to me.
My point isn't how Trump valued it. Of course that's between him and the bank. My point is that any judge deciding this thing has a value of 18 million is clearly insane
 

LightRoasted

If I may ...
For your consideration ...

So, why does Zillow value it at only 24 million? Houses right next it on postage stamps cost crazy money.


View attachment 173007

Most likely becasue they are going by recent past sales of the properties around Mar-a-Lago. And since Mar-a-Lago hasn't been sold since it was bought by Trump in 1985, it's Zillow value hasn't been affected much since there are no like properties in the assessment/resent sales area. The homes at the top of the picture are all similar in the size of the houses and land. Hence why they are pretty much similarly priced.
 
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