It seems that all the houses that burned were well over $1m, often more
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Date: January 10th, 2025 2:42 PM Author: Ass Sunstein
In the Palisades and Malibu, $3M would be the absolute bare minimum. Average would be more like $10M since there were some super expensive ones on Malibu beach bringing up the average. In the other fires like Altadena, there were cheaper houses.
Most of this is of course the land value, the cost of rebuilding the house would be a lot less.
(http://www.autoadmit.com/thread.php?thread_id=5662081&forum_id=2:#48540301) |
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