Subj : isn't real estate fun?
To   : Rob Mccart
From : August Abolins
Date : Fri Feb 21 2025 19:03:00

Hello Rob!

** On Friday 21.02.25 - 01:44, Rob Mccart wrote to MIKE POWELL:

 RM> 27 years later when my parents were getting too old to
 RM> spend much time there we split the property and my
 RM> brother, my sister and I kept one side with 1.25 acres and
 RM> 3 cottages and we sold the other side with 1 acre of land
 RM> and 2 cottages for just over $400,000 by then.

So.. how are the other two cottages doing in terms of condition  
and upkeep?   Maybe rent them out for people who want to  
"rough" it a bit in the woods.


 RM> Now, another 18 years later, a recent estimate of value I
 RM> got last summer from a property manager in the area said
 RM> our property here is now worth roughly $1.2 million, even
 RM> though the buildings on it, being small and old, are
 RM> virtually worthless.

I am dubious of others coming up with property values like  
that.  Afterall, the real value of a property is measured by  
what someone is willing to pay, and not necessarily some  
imagined value.

-- 
  ../|ug

--- OpenXP 5.0.64
 * Origin: My Westcoast Point (1:153/757.21)

.