This 18 bedroom 22 bathroom is considered the most expensive home in the U.S. With a price tag of 125 million dollars this 80,000 square foot mansion is owned by none other that Donald Trump. Reports say that he originally purchased it for around 40 million dollars. Check out the video for the details.
Implications - It's hard to say how anyone could make use of an estate this massive, but I'm sure Donald Trump will give it a shot. Considering he purchased the home for $40 million, Mr. Trump obviously is aware of the fact that it has appreciated to three times that much, making it a very smart investment. Well done Mr. Trump.
Key Themes Behind This Trend
- Super-sized Homes
- The trend towards increasingly large and opulent homes, often with numerous bedrooms and bathrooms.
- Ultra-high-end Real Estate
- The growing market for luxury properties with price tags in the tens or hundreds of millions of dollars.
- Celebrity/branded Real Estate
- The use of high-profile names and personas to market high-end real estate properties and developments.
Where This Applies
- Luxury Real Estate
- Luxury real estate developers and brokers seeking to capitalize on the growing market for ultra-high-end properties.
- Construction
- Builders and contractors who specialize in large and complex residential projects.
- Marketing/advertising
- Agencies with expertise in branding and celebrity endorsement who can help market super-sized homes to potential buyers.
