You are correct, it is like a swimming pool, some may pay more than the
appraised value for it, other like me may see it as a nuisance and so has no
value, a tower is the same way except fewer people would be attracted to a
tower and in the end you may have to pay money to get rid of it and the
concrete base to actually sell the house.
Mike
-----Original Message-----
From: towertalk-bounces@contesting.com
[mailto:towertalk-bounces@contesting.com] On Behalf Of Kevin Normoyle
Sent: Thursday, December 08, 2011 3:52 PM
To: Tower Talk List
Subject: Re: [TowerTalk] Tower and / or property
Value is what someone would pay for it.
I can't imagine another ham paying more than $10k for any existing used
tower setup (which is probably in very used condition) on the other end, it
might be worth -$10k due to the cost of teardown and repair to original
conditions.
So given a possible -$10k to $10k effect on the price of a house, I can't
see how a tower adds any value.
I would think the best possible scenario is to tear it all down. If the next
person wants it, it won't cost more than $5k to put it back up.
It's kind of liking having a used car in the driveway, and hoping the next
owner wants it and will pay something for it.
Or the expensive chandeliers you love inside.
Is there anyone here who pay more than $10k for an existing tower or towers
setup, when they would buy a house?
Me, I would expect that the seller (ham) is overvaluing the tower, and
gouging me on the price. Because I bet he wouldn't admit it's not worth more
than $10k.
Cost to replace is not the issue here. See, as buyer, I know there's not
many others that put value on it. So the tower has low market value.
(free would be reasonable, for instance).
-kevin
ad6z
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