So Alan, with QB Tom Brady just completing his new mansion in CA, do you actually imagine that your crummy hovel could possibly be worth even 1% of his new digs?
$20 million got him 22,000 square feet, beautifully landscaped grounds and a moat. You live in a dump, not even worth 1% that place. Less than $200k. I hear Brady's new house does not have the washer/dryer in the kitchen. Now that's class!
Did you know that the LAND alone is worth almost 2/3 of the 630K appraised value of my place? That's what my latest Los Angeles County tax assessment shows. I have full replacement value for my homeowner's insurance but it would cost only about 225K to completely rebuild the place should it ever burn to the ground. The land alone though is worth north of 400K and that of course is due to the fact that there is a small and fixed percentage of land in this country that enjoys the kind of weather that we have. It's largely the LAND that makes my 1,373-square-foot "mansion" worth the 630K that it is. Don't you wish that you could afford to live where I do?