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  #1  
Old 09-28-2007, 10:31 AM
Mike Kennedy's Avatar
Mike Kennedy Mike Kennedy is offline
 
Join Date: Sep 2003
Location: Southern Hudson Valley
State: New York
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Default External Obsolescence ?

Opinions welcome
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Last edited by Mike Kennedy : 09-14-2008 at 05:49 AM.
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  #2  
Old 09-28-2007, 11:11 AM
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Andy Taylor Andy Taylor is offline
 
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Location: Mayberry
State: North Carolina
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Good luck finding comps within 1 mile.
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  #3  
Old 09-28-2007, 11:58 AM
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Michael Schendel Michael Schendel is offline
 
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Location: Phoenix, AZ
State: Arizona
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I bet Tiger Woods would buy that for $3M.
  #4  
Old 09-28-2007, 12:39 PM
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Joyce Potts Joyce Potts is offline
 
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Location: Central Florida
State: Florida
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External Obsolesence is another buyer's paradise. I see a secluded, private island with waterviews from every window.
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  #5  
Old 09-28-2007, 12:44 PM
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Jim Mallon Jim Mallon is offline
 
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Quote:
Originally Posted by Michael Schendel View Post
I bet Tiger Woods would buy that for $3M.
And then tear it down.
  #6  
Old 09-28-2007, 12:46 PM
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Joyce Potts Joyce Potts is offline
 
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Default

What's the highest and best use?
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  #7  
Old 09-28-2007, 12:57 PM
Denis DeSaix Denis DeSaix is online now
 
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Location: Northern California
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Quote:
Originally Posted by Joyce Potts View Post
What's the highest and best use?
Lighthouse.
  #8  
Old 09-28-2007, 01:01 PM
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Joyce Potts Joyce Potts is offline
 
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Quote:
Originally Posted by Denis DeSaix View Post
Lighthouse.
VERY GOOD!!
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  #9  
Old 09-28-2007, 01:25 PM
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Hamlet Hamlet is offline
 
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Location: Where the corn grows
State: Ohio
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Well at least it has electricity!! They need a boat dock at the front steps. LOL.
  #10  
Old 09-28-2007, 01:47 PM
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Ariba Ariba is offline
 
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Location: Colorado
State: Colorado
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Similiar property I did recently! LOL
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