“8600 sq ft M mansion appraised at $6,000,000”
All people, most especially the high-income types, need to understand that is cheap to add square feet.
Plywood sells for about $1/square foot. The supporting structural lumber might run $2/square foot. I haven’t checked the price of marble lately, but it might be $6/square foot.
“Plywood sells for about $1/square foot. The supporting structural lumber might run $2/square foot. I haven’t checked the price of marble lately, but it might be $6/square foot.”
You are off on the structure estimate — add concrete, rebar, HVAC, carpet, roofing, plumbing, cabinets, electrical, insulation and labor: homes cost $300 per sq ft to build ($450 per sq ft where I live).
Marble starts at $90.00 sq ft here and goes up to $1,000.