The price is $400 Million
http://www.huffingtonpost.com/2013/02/12...
Of course, whether they could sell it for that is another matter..!!
Most of these large houses have been torn down or changed into something else because they lost a huge amount of value back in the 1930's and 40's when the economy changed and the land could not support the house and staff any more. A structure has a value based on its use- there are very few people that would want to buy this to live in even if they could buy it because the ongoing costs of running it and keeping it up is huge. So it's real value may be in turning it into a resort hotel. To come up with that value you would figure what the changes would cost and what the market would be. Then do a cash flow analysis and figure the value out that way. There is no such thing as a fixed absolute value that anyone can spit out.
(((Fur)))
When a famous TV show is associated with a property it CAN impact the value....so take the current market value & figure you could get a few points more if wealthy fans take an interest.....
￡30m? or 50?
http://en.wikipedia.org/wiki/Highclere_C...
*the real Downton Abbey
