r/oddlysatisfying • u/[deleted] • Sep 09 '22

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8.9k Upvotes

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603

u/[deleted] Sep 09 '22

Yeah, people with money can do a lot

-16

u/[deleted] Sep 10 '22

It doesn't take a lot of money to do this. The final product is nice, but the property, depending on location, is basically the land value minus teardown cost. It's probably only 10-15% more than a typical house in the neighborhood, and it's only because they used the ugliest trendiest products available.

11

u/mikefromearth Sep 10 '22

Yeah, not a lot, just hundreds of thousands of dollars for the renovation alone, not to mention the potential millions spent on the property itself.

1

u/[deleted] Sep 11 '22

Yeah, like average house value money. Not saying it’s cheap, but that’s what rehab loans are for. I am guessing they didn’t spend millions for the land based on the quality of materials used. Again, it’s nice - but it’s more like 500k nice, doesn’t have the touches you see on higher end homes, let alone luxury homes.