Category: Real Estate

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Why Does This Mobile Home Cost $1.2 Million?

Why does a .36-acre plot of land bought for $300 in 1956 now cost $1.2 million? Is it the fetching one-bedroom mobile home sitting on the property? Or maybe the adjoining tiny shed crammed with fishing gear? Not even close. It’s all about the location. 79-year-old fisherman Richard Lester originally…