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<p>[QUOTE=&quot;Paddy54, post: 2637852, member: 19250&quot;]No worries&nbsp; Mark, sometimes&nbsp; owning something&nbsp; worth a lot of money isn&#039;t&nbsp; a&nbsp; blessing . And you are correct&nbsp; as to book value and what both someone is willing&nbsp; to&nbsp; pay , or what the market will support.</p><p>We have a friend&nbsp; of&nbsp; the&nbsp; family&nbsp; who owned&nbsp; over 20 acres water front home that was over 38,000 Sq ft ! </p><p>The land at one point had a 360 degrees&nbsp; water view.</p><p>Pool,stables, tennis courts&nbsp; a 5000 Sq ft guest house!</p><p>After her husband&nbsp; passed the wife played hell trying to liquidate the property . </p><p>One reason was comps,as there wasn&#039;t&nbsp; any other properties&nbsp; in the state that could compare to theirs.</p><p>Next was finding&nbsp; a buyer who wanted a white&nbsp; elephant !</p><p>Then be able to pay a price for such a home.</p><p>Good luck finding a buyer and a reasonable&nbsp; value for your specimen .[/QUOTE]</p><p><br /></p>

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