petra ecclestone: Spelling Mansion Sells for $85 Million — But What Is It Really Worth?
- 07/18/11 03:29 AM
What makes a home worth what it’s worth? If you’re the person buying an $85 million mansion, that question is probably currently running through your mind over and over again. Today it was announced that The Manor, a world-famous palatial estate built by entertainment moguls Aaron and Candy Spelling, just sold for a mind-blowing $85 million. That’s 134 million Brazilian reals. Or 3.8 billion Indian rupees. Or…well, you get the idea. Hearing that a house – which, at the end of the day, is just a hollow box where people eat, live, and sleep – is somehow worth $85 million makes many of us … (1 comments)
What makes a home worth what it’s worth?
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