Reported 8 months ago
Professional appraisers explain the complexities surrounding the value of Donald Trump's Mar-a-Lago estate, which was purchased in 1985 and later designated as a private club, impacting its current worth. The property is currently valued by Palm Beach County as a private club, but if the club were to be down-zoned back to a residential home, its value could increase significantly. Appraisers note the difficulty of appraising such a large estate and consider factors such as market conditions, legal restrictions, and potential market influence from the Trump name.
Source: YAHOO