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Real Estate
Reply to "20 Years of Ownership and $100 in Appreciation in Potomac"
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[quote=Anonymous]20+ yr old mcMansions are a tough sell. They are expensive to modernize to not make them look dated inside and out, and way too expensive to tear down to build new. They are too huge and owners spent too much on them to sell for the price of land like old small homes. If the lot size is big enough and desirable enough there may be a luxury home builder interested, given there are already deep pockets buyers in the area. Homes with more classic facade or ultra modern facade would sell better, but this one isn't. [/quote]
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