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Part of the issue is that ODonnell has a large house for sale. Not a mansion or something truely unique like a cliffside or beach front house in California. John Travolta is selling an actual mansion for a million dollars less than ODonnell's house.
Location is part of the price difference but still it's a mansion worth of a celebrity with money. Rosie just has 'a' house I think hoping her name will garner an above average price.
I'm a big Rosie fan. BTW, to clarify whether she had or didn't have a show: She had a hugely popular afternoon talk show for six years, and left to spend more time with her fam. That said, I agree with the poster above who said the decor is underwhelming. There's another Saddle River house in the same price range that's more impressively decorated, even though that style is not my cup of tea at all. BTW I did scope out that $17.5M place -- hideous. Reminds me of something on RHONJ...and maybe is.
It's too personalized. Among other things, It has a bunch of stylized '23' logos in a bunch different places.
It’s also could be the people who can afford it don’t care about him, they are not super fans. Along with he becomes less relevant each day since he retired so long ago. The listing agent probably checks the weekly powerball/mega millions winners locations hoping Chicago happens to be it, and then they are super fan.
The 23 in front gate is the first obvious sign. Realtor has very few pics of anything there. Is that for house’s safety?
The O’Donnell house is more about the size of the property for that area. Bigger properties do not have the same value to today’s buyers as updated/new larger homes with all the bells and whistles. Less acreage with a grander structure is more sellable in that market. 5 acres is a giant property and unusual.
The home is more valuable to a developer who can split the property. I believe it is being considered for affordable housing but the neighbors are objecting, naturally. This had been going on for years and is in all the local papers.
I don’t know, 5 years of agents doing work for nothing? Somebody paid for photos, marketing, and time and effort and so far, all for nothing. If I’m in the business to make money selling only, I wouldn’t take it.
Some of the value to agents is selling and getting the commission. But some of the value of a listing is that it brings in buyers who can be persuaded to buy something else if they don't like the first one. A five year listing isn't necessarily a waste of an agent's time.
It’s also could be the people who can afford it don’t care about him, they are not super fans. Along with he becomes less relevant each day since he retired so long ago. The listing agent probably checks the weekly powerball/mega millions winners locations hoping Chicago happens to be it, and then they are super fan.
The 23 in front gate is the first obvious sign. Realtor has very few pics of anything there. Is that for house’s safety?
That's the problem with a lot of these mega-stars' homes, they personalize them to death, and usually in a gaudy way. But I understand his home is also in a location that isn't appealing for someone wanting to spend that type of money on a home. As in, it was close to his practice facilities but not waterfront or anything else that would justify the big bucks.
Part of the issue is that ODonnell has a large house for sale. Not a mansion or something truely unique like a cliffside or beach front house in California. John Travolta is selling an actual mansion for a million dollars less than ODonnell's house.
Location is part of the price difference but still it's a mansion worth of a celebrity with money. Rosie just has 'a' house I think hoping her name will garner an above average price.
How do you differentiate 'mansion' vs 'house'? Rosie's place sure looks like a mansion to me.
How do you differentiate 'mansion' vs 'house'? Rosie's place sure looks like a mansion to me.
Travolta's mansion for sale has a second floor everywhere. The ODonnell house has what looks like single floor ad ons. I just get the impression the ODonnell house was renovated, added onto over time where the Travolta house was built as a big house or mansion.
She paid $6.3M in 2013 and can’t even sell it for $6M? She must of really overpaid for it, or most likely no one wants to own a house Rosie O’Donnell lived in?
I think having a celebrity former owner is of relatively little value in the real estate market. What matters is the traditional values like location, location, and location.
In my county, when Larry Holmes won the world Heavywheight championship in and built a home with 2.4 acre estate with seven bathrooms, a movie theater, sauna, beauty salon, tennis court and enough garage space to house eight cars. The home also comes with an annual property tax bill of more than $20,000.
But while he wanted to remain in the area where he grew up it is too much home for the modest neighborhood.
The 1981 mansion or "big house" with 12,588 square feet is approached by a long driveway that snakes between a
house with 1,440 square feet built in 1962 that sold for $127,500 on 5/31/1998, and a
house with 1,026 square feet built in 1960 that sold for $190,000 on 5/31/2006,
So basically it is a middle class neighborhood.
In 2013 he put it up for sale for $1.69 million and only attracted gawkers. Nobody wanted to spend that kind of money and live in a middle class neighborhood.
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