I wonder if it sold for that amount purely on its own merits as a piece of real estate, or if the price was inflated at all because it’s the famous Home Alone house.
That comes down to the buyer. Most of the houses on that block are north of $1.5M, with a bunch over $2m. That area is very desirable and expensive. At best the price could inflate if a motivated buyer was determined to have the house, but I don’t see that reflected in the price.
I think the only house that would be worse to have is the Fast and The Furious house. Instead of people dressed as the characters and taking photos for a few months, you have riced-out straight-piped cars cruising by and parking to take photos constantly.
Last sold for $2.3m a few years ago, so about $2.5m now.
I wonder if it sold for that amount purely on its own merits as a piece of real estate, or if the price was inflated at all because it’s the famous Home Alone house.
That comes down to the buyer. Most of the houses on that block are north of $1.5M, with a bunch over $2m. That area is very desirable and expensive. At best the price could inflate if a motivated buyer was determined to have the house, but I don’t see that reflected in the price.
I think the only house that would be worse to have is the Fast and The Furious house. Instead of people dressed as the characters and taking photos for a few months, you have riced-out straight-piped cars cruising by and parking to take photos constantly.