Quote:
Originally Posted by HemiEd
80 year old house with a 2 car garage for 4 mil?
Not even if I had that kind of dough. I guess the owner history must be of some value, as I have seen homes for 1/2 that price much nicer.
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It's the location. Kind of like spending $25 million for a New York City condo. The old money of KC live in that area. It's really accessible to the city without being in the city. The adjacent area on the Kansas side is also pricey. Back in the day the people that wouldn't put up with the KC corruption moved a mile west. The Kansas side became popular because of it. Ewing Kauffman, the Block family (H&R Block), Russell Stover (candy), the Disney family, the Kohl family (Hemingway wrote most of For Whom the Bell Tolls in their guest house... you'd be proud of a house like that!), the Talge family (Rival, Crock Pot, Seal-a-meal)... ah, too many more to list. It's an awesome area.