Quote Originally Posted by davewindsor View Post
Post #14. P69... said that the mansion that sold for $700K would cost between $10m-$15m to build and therefore it's a bargain. Calling it a bargain is implying that it should have sold for at least $10m [[his grossly over estimated replacement cost).

My contention is that it sold for $700K because that's what it's worth, not because it was a bargain. U dig?
Cluelessinwindsor its the insurance replacement on the house, and yes if that particular house was built to its original specs it would cost between 10-15 million dollars! Since you are are such a clueless moron show me how you would build that house for under $700k with the EXACT MATERIALS originally used? I doubt you know what a pencil is let alone how to add up the figures!