ten thousand square feet is well above the “luxury” line unless you are talking about an empty steel building.
The condition is largely irrelevant to the question, you are either going to spend the money up front to purchase a livable house that large or spend it out back making it livable.
Agreed. 10,500 sq ft is not an average family or retirement home...
I was posting to someone who said it was not a luxury home...In Carmel, Indiana this home would certainly seem to qualify.