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re: Mansion in Chattanooga, TN that apparently cost $40M to build in '07 now listed for $16M

Posted on 1/1/24 at 4:44 pm to
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
28316 posts
Posted on 1/1/24 at 4:44 pm to
quote:

I guess you're writing in a "stream of consciousness" style, but damn, that was hard to read.


James Joyce says hold my beer and pens Ulysses.
Posted by N2cars
Member since Feb 2008
34067 posts
Posted on 1/1/24 at 4:52 pm to
That baw ain't no James Joyce.
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
88699 posts
Posted on 1/1/24 at 5:39 pm to
do you mean David Wells the MLB Pitcher? or David West the NBA player?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38370 posts
Posted on 1/2/24 at 3:51 pm to
quote:

By this?


Why does that frick them?
Posted by LittleJerrySeinfield
350,000 Post Karma
Member since Aug 2013
9421 posts
Posted on 1/2/24 at 4:25 pm to
Holy shite. I worked for the company that did the landscaping on this house. It is something. The retaining wall behind the pool (we didn't build it) fell not long after it was built.
Posted by Blizzard of Chizz
Member since Apr 2012
19894 posts
Posted on 1/2/24 at 5:51 pm to
quote:

I'm surprised the mansion isn't getting a boost from being Jordan's house.


That’s the problem with it. From the time you drive through the gates you are well aware that it’s his house. It is 100 percent customized to MJ. The people with the type of money to afford a house like that typically don’t give a damn about MJ one way or another and are quickly turned off by his essence being imprinted all over the property.
Posted by Porpus
Covington, LA
Member since Aug 2022
2459 posts
Posted on 1/2/24 at 6:16 pm to
quote:

The only thing "stupid" about it to you? Your broks arse couldn't afford the tool shed on the grounds.



Man, Suwanee is right on the front line of the reconquista. There's a fricking H-Mart like 4 minutes from that house
Posted by justaniceguy
Member since Sep 2020
5727 posts
Posted on 1/2/24 at 6:34 pm to
It’s for “entertaining” they also have pools, outdoor kitchens, etc
Posted by LouisianaLady
Member since Mar 2009
82163 posts
Posted on 1/2/24 at 6:43 pm to
quote:

I've never understood the appeal of gargantuan houses. Paying for location makes sense, but anything over 4000sqft seems excessive.


I can understand it if you have kids plus you want extras like a wine cellar, bar/lounge type room, game room, office, etc., but I don’t understand the massive ones with a ton of regular arse bedrooms. It’s like what are you, a hotel?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38370 posts
Posted on 1/2/24 at 9:58 pm to
quote:

I can understand it if you have kids plus you want extras like a wine cellar, bar/lounge type room, game room, office, etc., but I don’t understand the massive ones with a ton of regular arse bedrooms. It’s like what are you, a hotel?



A house near me just sold for about 2 mill and it's 5k square feet and only 3 bedrooms.
Posted by LouisianaLady
Member since Mar 2009
82163 posts
Posted on 1/2/24 at 10:06 pm to
quote:

A house near me just sold for about 2 mill and it's 5k square feet and only 3 bedrooms.



Honestly that would be me if I could build a fancy home. I love niche rooms (hate open floor plan also), but don't have/plan on kids. (I'd stay in it forever though, as I imagine it would be hard to sell)

That said, a lot of people's niche rooms could easily be bedrooms when you go to sell. A couple of ours certainly could.
This post was edited on 1/2/24 at 10:07 pm
Posted by CAD703X
Liberty Island
Member since Jul 2008
86650 posts
Posted on 1/2/24 at 10:12 pm to
quote:

From the time you drive through the gates you are well aware that it’s his house. It is 100 percent customized to MJ


This reminds me of the HGTV renovation/actualization of the Brady bunch house. They sank like 5 million into making the house match the set from the TV show including adding an entire second floor and Greg's attic.

Then after the TV special it just sat on the market until some woman finally bought it for like 1.5m

She said it was a terrible investment; none of those appliances actually work or plug in and she turned it into a tour house to make money.
Posted by tadman
Member since Jun 2020
4739 posts
Posted on 1/3/24 at 8:10 am to
quote:

Blows my mind when people build crazy customized mansions in weird locations only to sell it within a decade. The only way it makes sense is if you plan on living there a long time. If it's not a growing area then it's not going to sell.Michael Jordan's Chicago mansion is a great example of a bad investment.


What about Dwayne Wade's 8000sft mansion in the near south suburbs of Chicago that was selling for like 300k a few years ago after a decade of vacancy? He built it in an area not known for mansions and his ex got it in the divorce. What a knucklehead...
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9222 posts
Posted on 1/3/24 at 9:13 am to
quote:

Reminds me of how folks that rushed out and bought houses during the Covid stuff are about gonna get fricked now that the appraisal of the house is no where near what they paid for it


I'm loving my 2.75% rate and my house has went up in value since purchase. I can only think it will continue to go up if they drop interest rates next year.
Posted by RummelTiger
Texas
Member since Aug 2004
91980 posts
Posted on 1/3/24 at 9:22 am to
quote:

What about Dwayne Wade's 8000sft mansion in the near south suburbs of Chicago that was selling for like 300k a few years ago after a decade of vacancy? He built it in an area not known for mansions and his ex got it in the divorce. What a knucklehead...


Sounds like the ex got screwed, not Wade...
Posted by rd280z
Richmond
Member since Jan 2007
2423 posts
Posted on 1/3/24 at 10:11 am to
I'd prefer a modest sized house that suits my needs and lots of prime land.
Posted by CAD703X
Liberty Island
Member since Jul 2008
86650 posts
Posted on 1/3/24 at 10:25 am to
quote:

I'd prefer a modest sized house that suits my needs and lots of prime land.
this is the correct answer
Posted by concrete_tiger
Member since May 2020
7125 posts
Posted on 1/4/24 at 10:26 am to
quote:

quote:
Stupid fricking Mansion in Georgia
The only thing "stupid" about it to you? Your broks arse couldn't afford the tool shed on the grounds.


Did you look at the photos? It is in a horrible location, and everything inside is just absolutely gaudy. There's a reason these types of houses take forever to sell - the buyer will have to spend millions removing all the tacky fixtures.

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