Let's carry on the theme of comparing homes, this time instead of a dump in East Vancouver let's contrast the West Palm Beach house (6,898 sq. foot 5 bedroom home on 2.5 acres with a guest house and five car garage) with an opulant home on Vancouver Island.
From time to time I love checking out a website called Pricey Pads which profiles expensive properties for sale around North America.
Built in 1926, Dunmora Estate is a beautiful 10,047 square foot mansion with 5 bedrooms and 8 bathrooms.
Listed for $8.9 million it wasn't the hefty price tag for the Vancouver Island retreat that caught my attenion. Rather it was the slick promotional video.
- "To own a landmark such as Dunmora Estate is to declare a passion for legacy. Ownership will be an expression of pride in the responsible stewardship of a piece of history. To participate in the preservations of a property like this is to not only care for the connection to the past but also, create a piece of the story for future generations."
I guess there is a niche for guilt marketing (although personally the script screamed 'money pit' to me).
Is it really worth 9 times the value of the Palm Beach home?
I wonder how 'worthy' that $9 mil price tag will be in a few years?
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